The nonprofit software company said it had $180.2 million in revenue for the most recently ended period, an increase of 15.3 percent from $156.3 million. CEO Mike Gianoni talked less about specific products than about the company's new approach to development. He focused a great deal of attention on the cloud-platform Sky, its first open architecture development environment. The implementation of Sky is designed to speed development of applications for Blackbaud's cloud-based NXT generation of products. Sky has had other benefits. "An open architecture is allowing our own team to move at a fast pace," Gianoni said in a recent earnings webcast.
Estimated reading time: 0 minutes, 43 seconds
BLACKBAUD HAS STRONG QUARTER Featured
Blackbaud reported double-digit growth in net income and revenue for the second quarter ended June 30. The company said it had strong performance across the company as it reported $7.8 million in net income, up 10.9 percent from slightly more than $7 million in last year's corresponding period.
Most Read
-
-
May 22 2017
-
Written by mark
-
-
-
May 22 2017
-
Written by BobWScott
-
-
-
May 19 2021
-
Written by BobWScott
-
-
-
May 25 2016
-
Written by mark
-