Blackbaud (BLKB) announced that its board of directors had approved the repurchase of up to $500 million of the company's stock. This new authorization significantly increased the previous program, which allowed the repurchase of up to $250 million in common stock.Blackbaud’s management’s decision to initiate its share buyback program reflects the company's robust cash flow and dedication to enhancing shareholder value. The repurchase program allows the company to buy back its common stock through open mark ...

CHARLESTON, S.C., Jan. 22, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced its board of directors has authorized the repurchase of up to $500 million of the company's common stock. The new stock repurchase authority significantly expands and replenishes the company's previous program that authorized the repurchase of up to $250 million in common stock. "The expanded authorization of our stock repurchase program is reflective of our ...

Startups in the January 2024 Cohort of the Blackbaud Social Good Startup Program are Delivering Innovative Solutions for Nonprofits, Schools and Individual Givers CHARLESTON, S.C., Jan. 16, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced the newest cohort of participants in its Social Good Startup Program. The program is a tech accelerator designed to support early-stage software companies focused on solving problems that matter to ...

Blackbaud, Inc. (NASDAQ:BLKB) Q3 2023 Earnings Conference Call November 1, 2023 8:00 AM ET Company Participants Kevin Mooney - EVP, Strategy and Business Development Michael Gianoni - President and CEO Anthony Boor - EVP, Finance and Administration and CFO Conference Call Participants Brian Peterson - Raymond James Robert Oliver - Robert W. Baird Parker Lane - Stifel, Nicolaus & Company Kirk Materne - Evercore ISI Matthew VanVliet - BTIG Koji Ikeda - Bank of America Securities Operator Good day, and welcome ...

Blackbaud discusses non-GAAP organic revenue growth measures, including non-GAAP organic revenue growth, non-GAAP organic revenue growth on a constant currency basis, non-GAAP organic recurring revenue growth, and non-GAAP organic recurring revenue growth on a constant currency basis, which Blackbaud believes provide useful information for evaluating the periodic growth of its business as well as growth on a consistent basis. Each measure of non-GAAP organic revenue growth excludes incremental acquisition-r ...

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑ The number of shares of the registrant's Common Stock outstanding as of October 30, 2023 was 53,852,615. UNITED STATES SECURITIES AND EXCHA ...

2 Non-GAAP free cash flow is defined as operating cash flow less capital expenditures, including costs required to be capitalized for software and content development, and capital expenditures for property and equipment. In addition, and in order to provide a meaningful basis for comparison, Blackbaud now uses non-GAAP adjusted free cash flow in analyzing its operating performance. Non-GAAP adjusted free cash flow is defined as operating cash flow less capital expenditures, including costs required to be ca ...

Blackbaud, Inc. (NASDAQ:BLKB) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Kevin Muni - IR Mike Gianoni - President and CEO Tony Boor - EVP and CFO Conference Call Participants Brian Peterson - Raymond James Rob Oliver - Baird Parker Lane - Stifel Kirk Materne - Evercore ISI Matt VanVliet - BTIG Operator Good day, and welcome to Blackbaud's Second Quarter 2023 Earnings Call. Today's conference is being recorded. I'll now turn the conference over to Kevin Muni. Please go ah ...

| --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------|----------------------------------|-------------------------|----------------------------------------|------------------------------------|------------------------------------------------|-------------------------------------|--------------------------------------| | (dollars in thousands) \nBalance at December 31, 2021 | Common Shares \n66,165,666 $ | stock Amount \n66 $ | Addit ...

Blackbaud, Inc. (NASDAQ:BLKB) Q1 2023 Earnings Conference Call May 3, 2023 8:00 AM ET Company Participants Kevin Muni - IR Mike Gianoni - President and CEO Tony Boor - Executive Vice President and CFO Conference Call Participants Brian Peterson - Raymond James Parker Lane - Stifel Rob Oliver - Baird Kirk Materne - Evercore ISI Matt VanVliet - BTIG Operator Good day, and welcome to Blackbaud's First Quarter 2023 Earnings Conference Call. Today's conference is being recorded. I'll now turn the call over to Ke ...