Benzinga | Jul 29, 2020 04:13PM EDT

Blackbaud Q2 Adj. EPS $0.85 Beats $0.50 Estimate, Sales $232.00M Beat $217.74M Estimate

Blackbaud (NASDAQ:BLKB) reported quarterly earnings of $0.85 per share which beat the analyst consensus estimate of $0.50 by 70 percent. This is a 28.79 percent increase over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $232.00 million which beat the analyst consensus estimate of $217.74 million by 6.55 percent. This is a 2.50 percent increase over sales of $226.35 million the same period last year.