BlackLine

BlackLine, Inc. operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance. The company was founded by Therese Tucker in May 2001 and is headquartered in Woodland Hills, CA.

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BlackLine reports robust Q4 performance amidst market uncertainties

BlackLine's Q4 performance showcased revenue growth, margin expansion, and strong cash flow metrics.
While facing challenges like elongated deal cycles, the company is leveraging strengths in strategic products and operational efficiencies.
Opportunities lie in increasing product attach rates, addressing accountant shortages, and referrals for finance efficiencies.
Guidance for 2023 reflects market uncertainty, but BlackLine remains agile in responding to demand signals and maintaining growth targets.

BlackLine reports strong Q1 revenue growth and strategic market focus

BlackLine's Q1 performance reflects revenue growth, margin strength, and success in key markets like Japan.
The company's customer-centric approach, automation solutions, and strategic partnerships position it well for future growth.
Challenges include AI governance, competitive landscape, and maintaining performance amidst market dynamics.
Opportunities lie in SAP strategy, EMEA success, interest income performance, and AI integration for growth.

BlackLine surpasses Q2 targets, eyes industry customization for growth

BlackLine's Q2 performance exceeded expectations, driven by strong revenue growth and customer retention strategies.
While facing market uncertainties and partnership challenges, the company is well-positioned to leverage opportunities in industry customization, product enhancements, and strategic sales initiatives.
With a focus on optimizing sales productivity, expanding partnerships, and enhancing customer success, BlackLine aims to achieve sustained growth and drive revenue through strategic initiatives.

BlackLine surpasses Q3 targets, eyes global growth and customer success

BlackLine's Q3 performance exceeded expectations, showcasing growth in revenue and profitability. The company's strengths in customer-centricity, product innovation, and strategic partnerships position it well for long-term success. Challenges include decelerating growth metrics and competitive pressures, while opportunities lie in customer expansion and global monetization.

BlackLine surpasses Q4 revenue targets, eyes strategic growth opportunities

BlackLine's Q4 2023 performance exceeded expectations, driven by strong revenue growth and strategic global deal closures across key sectors, showcasing financial stability and market relevance.
The company's strengths lie in innovation through AI integration, focus on high-potential markets, and successful market penetration in regions like Asia Pacific and mid-market segments.
While challenges include retention rate improvement and cautious revenue growth guidance, opportunities in strategic partnerships, industry expansion, and AI initiatives position BlackLine for continued growth and market leadership.

BlackLine surpasses Q1 revenue targets, focuses on AI innovation

BlackLine's Q1 2024 performance exceeded expectations, with strong revenue growth and profitability. The company's focus on AI innovation, partner distribution, and pricing strategies are key strengths.
Challenges include FX impact on customer cohorts and the need to navigate SAP migrations. Opportunities lie in AI adoption, R&D investments, and industry-specific growth strategies.
Overall, BlackLine is well-positioned for growth, with a solid financial outlook and strategic initiatives in place to drive expansion and customer value.

BlackLine (BL) reports robust Q2 earnings, raises guidance for 2024

BlackLine's Q2 2024 earnings call highlighted strong financial performance, growth in strategic products, and enhanced competitive positioning. Challenges include improving customer onboarding and digital self-service options. Opportunities lie in new customer wins, expanded guidance, and future growth strategies.

BlackLine exceeds Q3 expectations, raises guidance on strong performance

BlackLine (BL) delivered strong financial results in Q3 2024, surpassing revenue and profitability targets with record free cash flow generation. The company's strategic focus on enterprise and mid-market customers, coupled with successful deals and innovative product offerings, contributed to its performance. While challenges exist in market dynamics and competition, BlackLine is well-positioned to leverage opportunities for growth.

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BlackLine, Inc. (NASDAQ:BL ) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants Matt Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive Officer Therese Tucker - Co-Chief Executive Officers Mark Partin - Chief Financial Officer Conference Call Participants Patrick Walravens - Citizens JMP Alex Sklar - Raymond James Daniel Jester - BMO Capital Markets Rob Oliver - Baird Ryan Krieger - Wolfe Research Chris Quintero - Morgan Stanley Koji Ikeda - Bank of America Dominique Manansala - Truist Securities Jake Roberge - William Blair George Kurosawa - Citi Operator Good day, and thank you for standing by. Welcome to the BlackLine Quarter Three 2024 Earnings Conference Call.

BlackLine, Inc. (BL) Q3 2024 Earnings Call Transcript

The headline numbers for BlackLine (BL) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

BlackLine (BL) Reports Q3 Earnings: What Key Metrics Have to Say

BlackLine (BL) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.51 per share a year ago.

BlackLine (BL) Beats Q3 Earnings and Revenue Estimates

LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced that after nearly 10 years as BlackLine's Chief Financial Officer, Mark Partin has decided to retire, effective March 1, 2025. Patrick Villanova, BlackLine's Chief Accounting Officer, will succeed Mr.

BlackLine Announces the Planned Retirement of Chief Financial Officer and Names Successor

LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the third quarter ended September 30, 2024.

BlackLine Announces Third Quarter Financial Results

Evaluate the expected performance of BlackLine (BL) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

BlackLine (BL) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

BlackLine, a financial automation software firm, targets enterprise customers, automating financial close processes to improve cash flows and financial reporting accuracy. Founded by Therese Tucker, BL has grown significantly, achieving profitability and strong financial metrics like 79% gross margins and 105% net revenue retention. The company's stock is trending upwards, driven by a sticky customer base and potential increased demand due to year-end taxes and the presidential election.

BlackLine Is Expanding Net Profit Margins Fast

Digital finance transformation leader continues to make a significant impact with market-leading solutions and corporate social responsibility, earning 5th consecutive TrustRadius and G2 awards Digital finance transformation leader continues to make a significant impact with market-leading solutions and corporate social responsibility, earning 5th consecutive TrustRadius and G2 awards

BlackLine Honored with Multiple Consecutive Industry Accolades

LOS ANGELES, Oct. 24, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. To access the conference call by phone, please register here, and dial-in details will be provided. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

BlackLine Announces Date for Third Quarter 2024 Earnings Release and Conference Call

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BlackLine (BL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why BlackLine (BL) is Poised to Beat Earnings Estimates Again

LOS ANGELES, Oct. 03, 2024 (GLOBE NEWSWIRE) -- BlackLine, the future-ready platform for the Office of the CFO, today announced it has been named a Leader in IDC MarketScape: Worldwide Office of the CFO Record to Report 2024 Vendor Assessment (doc # US52037924, September 2024). The IDC MarketScape report highlights the critical role of the record-to-report (R2R) process in ensuring accurate financial reporting and compliance, emphasizing its importance for CFOs, investors, and shareholders.

BlackLine Named a Leader in IDC MarketScape: Worldwide Office of the CFO Record to Report, 2024

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Investors interested in Internet - Software stocks are likely familiar with Zoom Video Communications (ZM) and BlackLine (BL). But which of these two stocks is more attractive to value investors?

ZM or BL: Which Is the Better Value Stock Right Now?

Morgan Stanley has upgraded BlackLine Inc (NASDAQ: BL) and raised its price target to $70 from $60. Analyst Chris Quintero highlights the company's underappreciated margin expansion and sees an attractive risk-reward profile.

Is BlackLine a ‘Buy' after Morgan Stanley raises target to $70?

Henshall brings significant experience in enterprise software and possesses unmatched expertise in finance, strategy, and technology development

David Henshall Joins BlackLine Board of Directors

LOS ANGELES, Sept. 17, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ: BL), the future-ready platform for the Office of the CFO, today announced that it was named an Exemplary Vendor and Overall Leader in Financial Close in Ventana Research's, now an ISG company, 2024 Financial Close Buyer's Guide.

BlackLine Ranked Exemplary Leader by Ventana Research in Financial Close Buyers Guide 2024

LOS ANGELES, Sept. 04, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conference:

BlackLine Announces Participation in Upcoming Investor Conference

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Investors interested in stocks from the Internet - Software sector have probably already heard of Paypal (PYPL) and BlackLine (BL). But which of these two stocks presents investors with the better value opportunity right now?

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Activist investor Jana Partners built a new stake in U.S. enterprise software company BlackLine Systems during the second quarter, according to a regulatory filing on Wednesday.

Activist investor Jana built stake in BlackLine Systems in second quarter

BlackLine, Inc. (NASDAQ:BL ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Matt Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive Officer Therese Tucker - Co-Chief Executive Officers Mark Partin - Chief Financial Officer Conference Call Participants Steve Enders - Citi Rob Oliver - Baird Chris Quintero - Morgan Stanley Matt VanVliet - BTIG Pat Walravens - Citizens JMP Alex Sklar - Raymond James Pinjalim Bora - JPMorgan Adam Hotchkiss - Goldman Sachs Brent Bracelin - Piper Sandler Koji Ikeda - Bank of America Merrill Lynch Daniel Jester - BMO Capital Markets Jake Roberge - William Blair Operator Good day, and thank you for standing by. Welcome to the Q2 2024 BlackLine Earnings Conference Call.

BlackLine, Inc. (BL) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for BlackLine (BL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About BlackLine (BL) Q2 Earnings

BlackLine (BL) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to loss of $0.41 per share a year ago.

BlackLine (BL) Tops Q2 Earnings and Revenue Estimates

LOS ANGELES, Aug. 06, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the second quarter ended June 30, 2024.

BlackLine Announces Second Quarter Financial Results

LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2024 after market close on Tuesday, August 6, 2024 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. To access the conference call by phone, please register here, and dial-in details will be provided. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

BlackLine Announces Date for Second Quarter 2024 Earnings Release and Conference Call

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