BobWScott

BobWScott

2021 COSTS DENT B'BAUD’S FIRST QUARTER

 Costs pushed into 2022 from last year contributed to a drop in non-GAAP earnings for Blackbaud.  The nonprofit software vendor has reported a GAAP loss of $10.4 million for the first quarter ended March 31, compared to $164,000 in earnings for last year’s corresponding period.

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REPAY SALARIES UP IN 2021

Repay gave four of its named executives double-digit increases in compensation for the year ended December. That included a 22.8-percent increase for John Morris, CEO of the payments software company.

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PROCORE HIKED Q1 SPENDING

Procore Technologies reported a 40-percent rise in revenue for the first quarter ended March 31. But an 85.4-percent in increase in operating expenses helped contribute to a fivefold increase in the loss for the period.

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