Blackbaud, Inc. Reiterates Earnings Guidance for the Full Year 2022
May 04, 2022 at 08:00 am EDT
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Blackbaud, Inc. reiterated earnings guidance for the full year 2022. From a revenue perspective, The company anticipates $1.085 billion at the midpoint of guidance, calling for approximately 5% organic revenue growth at a constant currency and organic recurring revenue growth should be similar as anticipating minimal drag from onetime services and other revenue on a full year basis.
Blackbaud, Inc. is a cloud software and services provider. The Company enhances its software with a range of payment processing, analytic and business intelligence services, consulting, training, and professional services, as well as maintenance and technical support. Its specific solutions and services include fundraising and engagement, financial management, grant and award management, education solutions, social responsibility and ESG, payment services, data intelligence, professional and managed services, customer support, and training. Its fundraising and engagement solutions include Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, Blackbaud Altru, and Blackbaud Guided Fundraising. Its financial management services include Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management.