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Jun 30, 2020
Blackbaud Q2 2020 Earnings Report
Blackbaud's Q2 2020 earnings were announced, demonstrating recurring revenue growth and increased diluted earnings per share.
Key Takeaways
Blackbaud reported a 2.8% increase in total GAAP revenue, with recurring revenue making up 93.2% of the total. The company's GAAP diluted earnings per share increased by $0.09, and non-GAAP free cash flow rose by $10.2 million.
Total GAAP revenue increased by 2.8%, reaching $232.0 million.
GAAP recurring revenue составил $216.3 million, up 3.7%, representing 93.2% of total GAAP revenue.
GAAP diluted earnings per share increased by $0.09 to $0.24.
Non-GAAP free cash flow increased by $10.2 million to $48.2 million.
Blackbaud
Blackbaud
Forward Guidance
Uncertainty in today's environment is likely to put pressure on near-term revenue growth.