Blackbaud sees jump in quarterly earnings

Blackbaud sees jump in quarterly earnings

BY JOHN P. MCDERMOTT
Of The Post and Courier Staff

Earnings at Blackbaud Inc. jumped nearly 60 percent in the second quarter while revenues rose at their fastest pace in five years, the Charleston-based software maker said Wednesday.

The company, which completed its initial public offering a year ago this month, said its profit totaled $8.5 million for the quarter ended June 30, up 59.7 percent compared to the same period last year.

Sales increased 20 percent to $42.8 million, bolstered by broad-based demand for the company\'s products and services.

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