BobWScott

BobWScott

BLACKBAUD: PANDEMIC LIMITED REVENUE

A shortfall in bookings at the start of the pandemic in 2020 has held down revenue grown this year for Blackbaud. The nonprofit software vendor lost $164,000 in the first quarter ended March 31, compared to net income of $1.6 million a year ago.

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LOWER OPTIONS CUT AVALARA EXEC PAY

 Lower option awards cause a drop for three named executives at sales tax company Avalara in 2020. As a result, compensation for CEO Scott McFarlane fell to $9.2 million last year, off 16.2 percent from slightly less than $11 million in 2019.

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CLOUD PUSHES VISMA RESULTS 

 A 33.4-percent increase cloud subscriptions and transactions led Norway-based Visma to an 18 percent-rise in revenue for the first quarter ended March 31. Cloud revenue hit approximately $309.7 million in the most recently ended period.

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