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LAST LOOKS AT KINTERA’S NUMBERS
Once we get beyond the need to do year-earlier comparisons, we probably won’t be seeing breakouts of financial results for nonprofit vendor, Kintera. But the 10-Q for Blackbaud’s second quarter ended June 30 show that its Kintera operations have been racking up revenue at a rate of just over $8 million a quarter since its acquisition by Blackbaud on July 8, 2008. For the most recently ended quarter, Kintera contributed $8.4 million of the $76.4 million company-wide, according to its form 10-Q filed with the SEC. Without it, Blackbaud's revenue would have decreased by $4.5 million, down six percent. Kintera added $6.2 million in revenue from hosted applications, $300,000 from analytic services, $400,000 for consulting and education services and $1.4 million in maintenance revenue. Since Kintera was primarily an online company, most of its revenue would have been subscription-based. Because Blackbaud also spelled out Kintera's expense impact and cost of goods, a decent P&L for its operations can be synthesized.
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