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Blackbaud, Inc.'s Earnings Continue Soaring Into the Clouds

TheMotleyFool

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Blackbaud, Inc.'s Earnings Continue Soaring Into the CloudsPhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png

Blackbaud, Inc.'s Earnings Continue Soaring Into the Clouds

Blackbaud (NASDAQ: BLKB) delivered another solid showing in the second quarter as its cloud-driven growth strategy continues winning over customers, which is driving steady organic growth. Aside from that growth, another impact of this transition is that the company is generating increasingly more predictable revenue. That's giving it more confidence that it will hit its full-year revenue and profit growth targets.

Metric

Q2 2017

Source: Fool.com