Blackbaud (BLKB) Misses Q4 EPS by 1c, FY Guidance Tops Views
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Blackbaud, Inc. Announces 2015 Fourth Quarter and Full Year Results
February 9, 2016 4:16 PM ESTCHARLESTON, S.C., Feb. 09, 2016 (GLOBE NEWSWIRE) -- Blackbaud, Inc. (the "Company") (NASDAQ: BLKB), the leading provider of software and services for the global philanthropic community, today announced financial results for its fourth quarter and full year ended December 31, 2015.
Fourth Quarter 2015 versus Fourth Quarter 2014 Highlights
Total revenue growth of 15.1% to $175.9 millionNon-GAAP organic revenue growth of 7.0%; 8.5% in constant currencyRecurring revenue represented 77.6% of total revenueIncome from operations increased 35.3% to $10.3 millionNon-GAAP income from operations increased 16.7% to $32.2 millionCash flow from operations growth of 73.1%, to $29.0 million... More