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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Research from BlackLine suggests Finance and Accounting is struggling to keep up with the pace of digital transformation across the wider business LOS ANGELES, LONDON, SINGAPORE and SYDNEY, Nov. 9, 2021 /PRNewswire/ -- A global survey of C-suite executives and finance professionals commissioned by BlackLine, Inc. (Nasdaq: BL), a leading provider of financial controls and automation software, has revealed that just 14% of CFOs are confident that their finance function has the skills required to help their organization grow and adapt over the next five years.  Furthermore, more than a third (35%) of C-suite respondents believe Finance and Accounting (F&A) is failing to keep up with other areas of the business when it comes to digital transformation.

Only 14% Of Global CFOs Confident That Finance Function Has Skills Needed For Growth Post Pandemic

Management can view how the business is doing at any moment.

This Software-as-a-Service Stock Makes Quarterly Accounting a Thing of the Past

BlackLine, Inc. (BL) CEO Marc Huffman on Q3 2021 Results - Earnings Call Transcript

BlackLine (BL) delivered earnings and revenue surprises of 118.18% and 2.26%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

BlackLine (BL) Q3 Earnings and Revenues Beat Estimates

BlackLine (BL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: BlackLine (BL) Q3 Earnings Expected to Decline

Comprehensive suite of solutions helps customers unleash working capital and accelerate their journeys to modern accounting and financial operations excellence LOS ANGELES and LONDON, Oct. 27, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has expanded its accounts receivable (AR) automation offering, unveiling the next generation of its full-functionality AR automation suite – marking the industry's first unified platform for end-to-end cash flow optimization, including cash application and collection, credit and risk management and dispute resolution. BlackLine's AI-powered unified AR automation platform uses intelligent automation to help customers release cash from debtors faster, unleash working capital and accelerate their journeys to modern accounting and financial operations excellence.

BlackLine Raises The Bar Again, Unveiling Next Generation Unified Platform For Accounts Receivable Automation

Leading midsize and enterprise organizations from around the world and across multiple industries recognized for embracing modern accounting to drive transformational outcomes LOS ANGELES, Oct. 26, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2021 Modern Accounting Awards. The company's third annual global awards program recognizes customers that have achieved transformational outcomes by going beyond traditional manual accounting processes to embrace modern accounting.

Atlantic Union Bank, Creditsafe, Dentsu, Flowers Bakeries And FWD Insurance Honored With 2021 Modern Accounting Awards From BlackLine

15,000+ registrants expected to hear digital finance transformation and accounting automation best practices from customers, Big 4 and SAP® at BlackLine annual user conference LOS ANGELES, Oct. 20, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) is hosting its 14th annual global user conference from Nov. 16 th to 18th.  With more than 15,000 registrants expected, BeyondTheBlack 2021 will make clear that now is the time to move to world-class accounting.

Chobani, Heineken, OpenText, SiriusXM And Walgreens Boots Alliance Among 20+ Customers Speaking At BeyondTheBlack 2021

This unknown AI automation company could see incredible growth in the automation revolution.

Why You Should Give BlackLine the Green Light

Accounting automation software leader recognized for fostering an environment of diversity, equity and inclusion and giving back to the community LOS ANGELES, Oct. 6, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has won a 2021 Tech Cares Award from TrustRadius, a leading B2B software peer reviews platform.  The 2021 Tech Cares Awards celebrate companies that have gone above and beyond to provide strong Corporate Social Responsibility (CSR).

TrustRadius Names BlackLine a 2021 Tech Cares Award Winner for Demonstrating Strong Corporate Social Responsibility

LOS ANGELES, Oct. 05, 2021 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the third quarter ended September 30, 2021 after market close on Thursday, November 4, 2021 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. The call can also be accessed domestically at (844) 229-7595 and internationally at (314) 888-4260, passcode 1487693.

BlackLine Announces Date for Third Quarter 2021 Earnings Release and Conference Call

B2B cloud software marketing veteran to share best practices for pioneering a market categoryand building a leadership position via industry analyst firm engagement LOS ANGELES, Sept. 15, 2021 /PRNewswire/ -- Andres Botero, chief marketing officer at accounting automation software leader BlackLine, Inc. (Nasdaq: BL), has been invited to speak at SaaStr Annual 2021, the world's largest event for the SaaS (software-as-a-service) industry.

BlackLine CMO Andres Botero Invited To Speak At SaaStr Annual 2021

15 of the Fortune 25 using BlackLine to automate key finance and accounting processes, with many operating in a multiple-ERP environment that includes Oracle ERPs LOS ANGELES, Sept. 9, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has surpassed 1,000 customers running on Oracle ERPs (enterprise resource planning systems).

BlackLine Surpasses 1,000 Customers Running On Oracle ERPs

Shares of BlackLine have sunk nearly 20% this year despite strong results.

BlackLine: A Steady Ship

BlackLine: Year To Date Underperformance Presents Good Buying Opportunity

BlackLine (BL) delivered earnings and revenue surprises of 87.50% and 1.12%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

BlackLine (BL) Q2 Earnings and Revenues Beat Estimates

BlackLine, Inc. (BL) CEO Marc Huffman on Q2 2021 Results - Earnings Call Transcript

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) Could Beat Earnings Estimates Again

Since its inclusion in the first-ever Cloud 100 in 2016, BlackLine has gone public and continues to help companies around the world embrace modern accounting LOS ANGELES, July 29, 2021 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) CEO Marc Huffman has been invited to serve as a judge for the 2021 Forbes Cloud 100 list, to be divulged at a virtual ceremony on Tuesday, Aug. 10 th. The annual Cloud 100 is the "definitive list of the top 100 private cloud companies in the world" published by  Forbes in collaboration with  Bessemer Venture Partners and  Salesforce Ventures.

BlackLine Ceo Marc Huffman Named a Judge for 2021 Forbes Cloud 100

Annual global awards program to recognize organizations that have embraced modern accounting to drive transformational outcomes LOS ANGELES, July 27, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) is accepting nominations for its 2021 Modern Accounting Awards.  The company's third annual global awards program will recognize customers that have demonstrated how they go beyond traditional accounting processes and embrace modern accounting to drive transformational outcomes using BlackLine's market-leading solutions for financial close, intercompany accounting and accounts receivable automation.

Nominations Open for 2021 Modern Accounting Awards from Blackline

Accounting automation software maker BlackLine said Tuesday (July 20) it is working with Kyriba, which provides cloud-based finance and IT solutions, to streamline digitization for chief financial officers and improve finance and treasury department collaboration. The two companies said in a news release that the partnership will let mutual customers accelerate bank connectivity, increase cash […]

BlackLine, Kybria, Partner To Accelerate Bank Connectivity

Joint solution accelerates bank connectivity, enabling greater financial close and accounts receivable process automation for customers LOS ANGELES and SAN DIEGO, July 20, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (NASDAQ: BL) and Kyriba , a global leader of cloud-based finance and IT solutions, today announced that they are joining forces to streamline the digitalization of the Office of the CFO and improve collaboration between Finance and Treasury departments.  The partnership offers enhanced capabilities for mutual customers through their integrated solutions to accelerate bank connectivity, increasing cash visibility and enabling greater automation within the financial close and accounts receivable processes.

BlackLine and Kyriba Partner to Streamline Digitalization of the Office of the CFO

Accounting automation software provider ranked number 20; recognized for being a global industry leader with impressive customer and partner rosters LOS ANGELES, July 15, 2021 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) has been named a Top 100 Software Company for 2021 by The Software Report, a leading source for market research and insights, corporate activity, executive news and business happenings related to the software and SaaS (software-as-a-service) sectors.  BlackLine took the No.

BlackLine Named to The Software Report's 2021 Top 100 Software Companies List

LOS ANGELES, July 08, 2021 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2021 after market close on Thursday, August 5, 2021 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. The call can also be accessed domestically at (844) 229-7595 and internationally at (314) 888-4260, passcode 2985087.

BlackLine Announces Date for Second Quarter 2021 Earnings Release and Conference Call

Digital Turbine

Zoom Video

The cloud-based service market, which includes IaaS and SaaS, has been growing in importance since the coronavirus outbreak, which is helping companies like CDW Corporation (CDW), Zoom Video Communications, Inc.'s (ZM) and BlackLine, Inc. (BL)

News for BlackLine Stock (BL)