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Blackbaud Continues to Expand Into the Cloud

TheMotleyFool

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Blackbaud Continues to Expand Into the CloudPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png

Blackbaud (NASDAQ: BLKB) continued to invest in hiring new sales representatives so it can reach more customers. This strategy is negatively affecting its near-term profitability, which was evident in the second quarter. However, the company believes its growth rate will reaccelerate as its new hires ramp their productivity.

Metric

Q2 2019

Quelle Fool.com

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