Mike Gianoni

“We delivered another quarter of solid execution against our operating plan with a continued focus on efficiency and a rapidly accelerating pace of product innovation.”

“Last quarter, I spent some time discussing the strong financial progress Blackbaud has made over the past 5 years across both our top and bottom lines.”

“Before I dive into our results, I wanted to quickly touch on Everfi. We closed the divestiture of Everfi business on December 31. As you know, Everfi was dilutive to both our revenue growth and profitability in 2024.”

“I want to begin by addressing our revised guidance ranges for 2024. Our Social Sector, which is the majority of our revenue, continues to perform very well, and we feel we remain a strong investment for shareholders.”

“Before I talk about our second quarter, I'd like to highlight how far our company has come these past several years by executing on our five-point operating plan.”