Recap: Blackbaud Q1 Earnings

Blackbaud BLKB reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Blackbaud beat estimated earnings by 2.86%, reporting an EPS of $0.72 versus an estimate of $0.7.

Revenue was up $4.63 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 5.36% drop in the share price the next day.

Here's a look at Blackbaud's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.60	0.60	0.67	0.66
EPS Actual	0.68	0.69	0.75	0.57
Revenue Estimate	278.20M	261.06M	266.88M	253.10M
Revenue Actual	274.76M	261.30M	264.93M	257.12M

To track all earnings releases for Blackbaud visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar