12:14 PM EDT, 07/30/2025 (MT Newswires) -- (Updates with stock move in headline and first paragraph.)
Blackbaud ( BLKB ) shares were up over 11% in recent Wednesday trading after the company reported Q2 non-GAAP earnings Wednesday of $1.21 per diluted share, compared with $1.08 a year earlier.
Analysts polled by FactSet expected $1.06.
Revenue for the quarter ended June 30 was $281.4 million, down from $287.3 million a year earlier.
Analysts surveyed by FactSet expected $276.5 million.
For full-year 2025, the company now expects non-GAAP earnings of $4.30 to $4.50, compared with previous outlook of $4.16 to $4.35. Analysts polled by FactSet expect $4.22.
The company continues to expect full year revenue of $1.12 billion to $1.13 billion. Analysts surveyed by FactSet expect $1.12 billion.
Price: 72.12, Change: +7.62, Percent Change: +11.81