Blackbaud Named to Forbes 100 Best Small Companies in America List
Charleston, S.C. (November 8, 2010) – Blackbaud, Inc. (Nasdaq: BLKB), the leading global provider of software and services for nonprofits, today announced that it has once again been named to Forbes 100 Best Small Companies in America list. The annual list highlighting the hottest growth prospects in American business is featured online and in today’s print edition of the magazine.
“We are honored to once again be included among the nation’s business leaders on Forbes 100 Best Small Companies in America list,” said Marc Chardon, Blackbaud’s chief executive officer. “We are pleased to provide the tools and expertise that power the business of philanthropy from fundraising to outcomes and to empower our 24,000 customers around the world to drive change and make the world a better place.”
Blackbaud is ranked number 54 on the list, which includes publicly traded companies with annual revenues between $5 million and $1 billion. The rankings are based on earnings growth, sales growth, and return on equity in the past 12 months and over 5 years. Companies were also compared against the stock performance of their industry peers. This is the fourth time that Blackbaud has been included in the list. To access the full list and to read the special report, visit www.forbes.com/best-small-companies.