Real Accounting Numbers Paint Dark Picture Of Blackbaud

What was once a highly profitable business is no longer. Blackbaud’s numerous acquisitions over the years, including Convio, MicroEdge, Smart Tuition, and Everyday Hero, have been nothing but a drag on profits, despite the additional revenue brought in.

http://www.forbes.com/sites/greatspeculations/2016/04/20/real-accounting-numbers-paint-dark-picture-of-blackbaud/

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