Blackbaud, Inc. shares rise 14.17% intraday after raising full year 2025 financial guidance.
ByAinvest
Wednesday, Jul 30, 2025 1:34 pm ET1min read
BLKB--
Blackbaud, Inc. rose 14.17% intraday, driven by the company's announcement of strong second-quarter 2025 financial results and an increase in full-year 2025 financial guidance. The company reported significant growth and profitability improvements since 2020, with CEO Mike Gianoni attributing the success to the company's people, products, and market position in the social impact sector. Additionally, Blackbaud's equity buyback plan and the jump in shares following the Q2 adjusted earnings increase further contributed to the positive market sentiment.
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