Black Knight Stock Gains on Q3 Beat, Raised FY21 Outlook

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Oct. 21, 2021. Brendan McDermid/Reuters

Black Knight Inc. (BKI) reported third-quarter FY21 revenue growth of 21 percent year-on-year to $378 million, beating the consensus of $370.7 million. Organic revenue growth 10 percent.

Software Solutions’ revenue rose 23 percent Y/Y to $319.6 million, with organic revenue growth of 10 percent. Data and Analytics revenue rose 10 percent Y/Y to $58.4 million, with organic revenue growth of 7 percent.