Blackbaud in the News: America's 200 Best Small Companies

Melanie Mathos — Fri, 10 Oct 2008 20:16:00 GMT

Blackbaud is ranked #73 in Forbes' recently released special report on America's 200 Best Small Companies.

From the article:

Forbes.com
Kurt Badenhausen and Christina Settimi 10.08.08, 6:00 PM ET

Conventional wisdom would have investors flee small-cap stocks when the economy takes a tumble. Big companies are safer bets, the thinking goes.

Maybe not right now. With meltdowns at AIG (nyse: AIG - news - people ), Lehman Brothers (nyse: LEH - news - people ) and Wachovia (nyse: WB - news - people ), the S&P 500 dropped 28% over the past 12 months while gross domestic product growth slowed to a crawl. The Russell 2000, made up of smaller fish, is down 18% over the same period.

With that in mind, we identified the strongest small public outfits in a very tough time for our list of the 200 Best Small Companies in America. To qualify, companies must have sales between $5 million and $750 million and a stock price of $5 as of Sept. 29. The ranking is based on return on equity, sales growth and profit growth over the past 12 months and also over five years. We also compare a company's stock performance with that of its industry peers.

Read the full article.

View the ranking details here.

Blackbaud News : America's 200 Best Small Companies

Blackbaud in the News: America's 200 Best Small Companies