LIQUIDITY ALERT: Blackbaud Inc.’s Current Deficit Narrows by 15.2%

Blackbaud, Inc.’s working capital deficit dipped 15.2%, or US$10.7 million, from US$70.5 million at December 31, 2009, to US$59.8 million at March 31, 2010.

The Company reported current assets of US$103.4…

LIQUIDITY ALERT: Blackbaud, Inc.’s Current Deficit Drops by 5%

Blackbaud, Inc. reported a working capital deficit of US$104.20 million at March 31, 2009, a 5% drop from US$109.96 million at Dec. 31, 2008.

The Company had US$101.09 million in current…