I sense we are all going to have to be patient until 1H results are presented in early Nov
perhaps the weakness is a result of Blackbaud having relatively flat results (they released results on 6th Aug), but I can't see any specific mention of churches so hard to see what people could have taken away from their results to link to pushpay
I did notice on the blackbaud presentation that they have the 25 largest of the largest Catholic Dioceses as their client, but also noted that their offering is so diverse that I imagine (and this is just my guesswork) pushpay would have a much more targeted app especially when you consider the integration of church mgmt & donor mgmt
anyway, patience in the absence of any new information is going to be warranted
PPH Price at posting:
$1.55 Sentiment: Hold Disclosure: Held