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Thursday, February 14, 2013

Tech supplier to non-profits posts positive 2012 results

Blackbaud Full-Year 2012 Results

Major tech supplier to charities reports healthy year as many non-profits rely on its digital and IT services.

Blackbaud, the global player providing software and tech related services to non-profit orgs, has announced healthy full year 2012 results.

The company has over 27,000 charity customers in over 60 countries covering a wide range of sectors including education, healthcare, animal welfare and the environment.

The global company’s software solutions include fundraising and eMarketing...

Blackbaud reported total revenue of $120.1 million for the fourth quarter of 2012, an increase compared to $95.0 million for the fourth quarter of 2011.

Income from operations and net income, determined in accordance with GAAP, were $9.9 million and $3.3 million, respectively, the company revealed in a statement announcing its fourth quarter and full year 2012 results.