Stock Track | Blackbaud Soars 5.08% Intraday on Q1 Earnings Beat and Reaffirmed Guidance

Stock Track04-29

Blackbaud's stock price soared 5.08% during intraday trading on Wednesday, following the release of its first-quarter financial results.

The social impact software provider reported adjusted earnings per share of $1.14 for the quarter, beating analyst estimates of $1.12. Revenue rose to $281.1 million, also surpassing expectations of $279.8 million and representing a 4.2% year-over-year increase. Key drivers included a 5% growth in recurring revenue, which now constitutes 98.3% of total revenue, and early customer interest in the company's new AI product, Development Agent.

Additionally, Blackbaud reaffirmed its full-year 2026 guidance, expecting adjusted EPS in the range of $5.15 to $5.25 and revenue between $1.173 billion and $1.179 billion. This combination of better-than-expected quarterly performance and maintained optimistic outlook for the year ahead appears to have fueled investor confidence, driving the stock's significant upward movement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1122642973?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-29 22:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1122642973","market":"sg","top_or_hot":-1,"title":"Stock Track | Blackbaud Soars 5.08% Intraday on Q1 Earnings Beat and Reaffirmed Guidance","media":"Stock Track","content":"<p>Blackbaud's stock price soared 5.08% during intraday trading on Wednesday, following the release of its first-quarter financial results.</p><p>The social impact software provider reported adjusted earnings per share of $1.14 for the quarter, beating analyst estimates of $1.12. Revenue rose to $281.1 million, also surpassing expectations of $279.8 million and representing a 4.2% year-over-year increase. Key drivers included a 5% growth in recurring revenue, which now constitutes 98.3% of total revenue, and early customer interest in the company's new AI product, Development Agent.</p><p>Additionally, Blackbaud reaffirmed its full-year 2026 guidance, expecting adjusted EPS in the range of $5.15 to $5.25 and revenue between $1.173 billion and $1.179 billion. This combination of better-than-expected quarterly performance and maintained optimistic outlook for the year ahead appears to have fueled investor confidence, driving the stock's significant upward movement.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Blackbaud Soars 5.08% Intraday on Q1 Earnings Beat and Reaffirmed Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Blackbaud Soars 5.08% Intraday on Q1 Earnings Beat and Reaffirmed Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-29 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Blackbaud's stock price soared 5.08% during intraday trading on Wednesday, following the release of its first-quarter financial results.</p><p>The social impact software provider reported adjusted earnings per share of $1.14 for the quarter, beating analyst estimates of $1.12. Revenue rose to $281.1 million, also surpassing expectations of $279.8 million and representing a 4.2% year-over-year increase. Key drivers included a 5% growth in recurring revenue, which now constitutes 98.3% of total revenue, and early customer interest in the company's new AI product, Development Agent.</p><p>Additionally, Blackbaud reaffirmed its full-year 2026 guidance, expecting adjusted EPS in the range of $5.15 to $5.25 and revenue between $1.173 billion and $1.179 billion. This combination of better-than-expected quarterly performance and maintained optimistic outlook for the year ahead appears to have fueled investor confidence, driving the stock's significant upward movement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BLKB","symbol_name":"布莱克波特科技","start_time":0,"source_url":"","article_id":"1122642973","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122642973","pubTimestamp":1777474738,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Blackbaud's stock price soared 5.08% during intraday trading on Wednesday, following the release of its first-quarter financial results.The social impact software provider reported adjusted earnings...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BLKB":"布莱克波特科技"},"translate_title":"股票追踪|Blackbaud因第一季度盈利超出预期并重申指引而盘中飙升5.08%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLKB":1},"content_text":"Blackbaud's stock price soared 5.08% during intraday trading on Wednesday, following the release of its first-quarter financial results.The social impact software provider reported adjusted earnings per share of $1.14 for the quarter, beating analyst estimates of $1.12. Revenue rose to $281.1 million, also surpassing expectations of $279.8 million and representing a 4.2% year-over-year increase. Key drivers included a 5% growth in recurring revenue, which now constitutes 98.3% of total revenue, and early customer interest in the company's new AI product, Development Agent.Additionally, Blackbaud reaffirmed its full-year 2026 guidance, expecting adjusted EPS in the range of $5.15 to $5.25 and revenue between $1.173 billion and $1.179 billion. This combination of better-than-expected quarterly performance and maintained optimistic outlook for the year ahead appears to have fueled investor confidence, driving the stock's significant upward movement.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1122642973","isCrawlerRequest":true}