On May 3, Blackbaud (NASDAQ:BLKB), a software maker for nonprofit organizations, released first-quarter earnings for the period ended March 31.
- Revenues for the Motley Fool Rule Breakers recommendation increased by 26.5%, primarily driven by growth in the services and subscriptions segments.
- Both revenue and profits exceeded the high end of management's own guidance, and the stock jumped 20%.
- The stock carries a middle-of-the-road three-star rating in Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change | |
|---|---|---|---|
|
Sales |
$55,321.0 |
$43,732.0 |
26.5% |
|
Net Profit |
$5,860.0 |
$5,670.0 |
3.4% |
|
EPS |
$0.13 |
$0.13 |
0% |
|
Diluted Shares |
44,833.1 |
44,600.2 |
0.5% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* | |
|---|---|---|---|
|
Gross Margin |
64% |
68.9% |
(4.8) |
|
Operating Margin |
17.1% |
21.1% |
(4.0) |
|
Net Margin |
10.6% |
13% |
(2.4) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$15,982.0 |
$16,490.0 |
(3.1%) |
|
Accounts Rec. |
$33,843.0 |
$24,891.0 |
36% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$5,091.0 |
$3,330.0 |
52.9% |
|
Long-Term Debt |
$930.0 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change | |
|---|---|---|---|
|
Cash From Ops. |
$7,547.0 |
$3,260.0 |
131.5% |
|
Capital Expenditures |
$1,050.0 |
$264.0 |
297.7% |
|
Free Cash Flow |
$6,497.0 |
$2,996.0 |
116.9% |
Free cash flow is a Fool's best friend.
Related Foolishness:
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
