Blackbaud Inc (BLKB) released earnings for first quarter that beat the Street estimates.
The company's bottom line totaled $4.86 million, or $0.10 per share. This compares with $5.24 million, or $0.10 per share, last year.
Excluding items, Blackbaud Inc reported adjusted earnings of $47.30 million or $0.96 per share for the period.
Analysts on average had expected the company to earn $0.92 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.1% to $270.66 million from $279.25 million last year.
Blackbaud Inc earnings at a glance (GAAP) :
-Earnings: $4.86 Mln. vs. $5.24 Mln. last year.
-EPS: $0.10 vs. $0.10 last year.
-Revenue: $270.66 Mln vs. $279.25 Mln last year.
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