Blackbaud, Inc. Announces Fourth Quarter and Full Year 2008 Results

For the quarter ended December 31, 2008, Blackbaud reported total revenue of $80.4 million. GAAP income from operations and net income were $10.1 million and $6.5 million, respectively, compared with GAAP income from operations of $14.2 million and net income of $9.0 million in the fourth quarter of 2007. GAAP diluted earnings per share were $0.15 for the quarter ended December 31, 2008, compared with $0.20 in the same period last year.