Forbes picks Blackbaud for small firms list.(BUSINESS BRIEFS)

Technology supplier Blackbaud in Charleston, S.C. was recently ranked No. 73 in Forbes magazine's special report on America's 200 Best Small Companies.

According to Forbes, to qualify, companies had to 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 during the previous 12 months and also during five years. Forbes also compares a company's stock performance with that of its industry peers.

According to Forbes, Blackbaud had sales of $271 million and net income of $34 million during the 12-month period it examined. Blackbaud's net margin was 12 percent and it's five-year return on equity was 25 percent. The return on equity during the 12-month period examined by Forbes was 37 percent.

Blackbaud had a market value of $823 million and its stock price at the time of the story was $18.88 per share, down 24 percent during a 12-month period. Blackbaud has been on the list three consecutive years, last year ranking No. 18.

Print Get the Mag Weekly Updates