Black Knight’s earnings up on 7% growth in software revenue

Black Knight Reports Home Price Growth Continues to Slow, Falling Below 25-Year Average for First Time Since 2012; Affordability at Strongest Point in More Than a Year. Black Knight (BKI) delivered earnings and revenue surprises of 2.33% and 0.38%, respectively, for the quarter ended March 2019.

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Black Knight Inc. (NYSE:BKI) Q4 2018 earnings. software solutions segment results. In the fourth quarter adjusted revenues for the software solutions segment increased 6% to $245.8 million. our.

Total Cloud and On-Premise Software Revenues were $7.4 billion , up 4% in U.S. dollars and "The hyper-growth we continue to experience in the cloud has rapidly driven both our SaaS and PaaS That growth and the resulting scale enabled our SaaS and PaaS businesses to increase non-GAAP.

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"We were particularly pleased with our growth in software bookings and the continued improvement in our wireless trends. Noteworthy was our performance in the second half of the year, as software revenue grew nearly 10 percent, compared to the first half of 2018, and fourth quarter sequential.

Net earnings attributable to Black Knight were $40 million or $0.27 per diluted share compared to $8.2 million In our origination software business, adjusted revenues increased 5%, including 35% growth in And just my – for my follow-up on the new product commentary, you mentioned servicing digital.

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New software revenue came in at $971 million, a 14-percent increase over the $855 million reported for the year-earlier period. The recent quarter was great, but the real highlight was the 57-percent growth in new application sales, Chief Executive Officer (CEO) Larry Ellison said in a conference call.

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Black Knight, Inc. (BKI) Q4 2018 Earnings Conference Call Transcript.. Our servicing software solutions had adjusted revenue growth of 7%, driven.. And the things that — if all the stars align, then we could end up at the.

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