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

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.

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Q2 2017

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Source: Fool.com