
PMG Admin
BLACKBAUD REVS UP; NET OFF
- Friday, 12 February 2016
Blackbaud reported that net income dipped to $25.6 million for the year ended December 31, down 9.4 percent from $28.3 million in 2014. The nonprofit software company reported revenue of $637.9 million for the most recently ended year, an increase of 12.8 percent from $564.4 million the prior year. CEO Mike Gianoni said in a prepared statement the company was pleased with results in the fourth quarter, especially considering the fact that it was a transition year as the company began marketing its Raisers Edge NXT and Financial Edge NXT cloud products.
FINANCIALFORCE DROPS .COM
- Thursday, 11 February 2016
FinancialForce.com has decided to drop the .com from its name. Headline writers should rejoice as the company opted for the simpler form. The company, owned by Salesforce and Unit4, also named Joe Fuca as president of worldwide field operations. Fuca will lead and expand the global sales organization and its services arm, Customers for Life. Fuca was most recently VP of worldwide sales for DocuSign. He also held senior executive for McAfee (now Intel Security), MarketLive, PeopleSoft and Evolve.
CURRENCY WHACKS QLIK NET
- Thursday, 11 February 2016
The growth of the American dollar took a bite out of the bottom line for Qlik Technology for the year ended December 31. The business analytics software vendor reported a net loss of $30.5 million, an increase 48 percent from red ink of $24.6 million in 2014. Qlik's revenue for last year was $612.7 million, up 10 percent from $556.8 million the prior year. But currency changes added $6.9 million in red ink to operating losses, a 250.1-percent rise from slightly less than $2 million in currency losses in 2014.
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