Blackbaud Sales Rise

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Newly public Blackbaud reported net income of $12.7 million for its third quarter ended September 30, a 67 percent increase from $7.6 million in last year's corresponding period.The jump in earnings came as revenue rose to $36.2 million, up 19 percent from a year earlier. License revenue of $6.2 million was 19 percent higher than in last year's third quarter.

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