The switch from license fees to subscription revenue continued at nonprofit specialist Blackbaud during the third quarter ended September 30.  That came as the company reported a 14.5-percent increase in net income on a 15-percent rise in revenue. The bottom line was $9.8 million, up from $8.5 million in net income a year earlier while revenue rose to $95.5 million for the most recently ended period, up from $83.2 million. Read more...