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BlackLine (BL) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

28 October 2016

Indexes:

Not included

Description:

BlackLine, Inc. is a developer of corporate software. It develops cloud solutions designed to automate and control the entire financial process. The company's headquarters is located in Woodland Hills, Los Angeles, California. It was founded in 2001. BlackLine provides software for more than 2200 companies, including Costco, Netflix, Coca-Cola, Google (Alphabet Inc.), Kraft Heinz, Under Armour, Sirius XM Holdings. The company's product is a powerful cloud software platform designed to automate and optimize accounting and financial operations. The company's software is cloud-based, primarily running on the Microsoft cloud stack.

Events Calendar

Earnings

Next earnings date:

Feb 13, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 13, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

16 Dec '24 Citigroup
Neutral
22 Nov '24 JMP Securities
Market Outperform
20 Nov '24 Piper Sandler
Neutral
15 Nov '24 Morgan Stanley
Overweight
11 Nov '24 Truist Securities
Hold
08 Nov '24 Piper Sandler
Neutral
31 Oct '24 Truist Securities
Hold
25 Oct '24 JP Morgan
Underweight
30 Sept '24 Morgan Stanley
Overweight
07 Aug '24 Truist Securities
Hold

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Institutional Ownership

BL Stock Price Increases 33% in 6 Months: Should Investors Buy It?
BL Stock Price Increases 33% in 6 Months: Should Investors Buy It?
BL Stock Price Increases 33% in 6 Months: Should Investors Buy It?
BL
zacks.com24 December 2024

BlackLine shares are riding on an innovative portfolio, partnerships and an expanding client base, positioning it for long-term growth.

BlackLine Announces Participation in Upcoming Investor Conference
BlackLine Announces Participation in Upcoming Investor Conference
BlackLine Announces Participation in Upcoming Investor Conference
BL
globenewswire.com26 November 2024

LOS ANGELES, Nov. 26, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conference:

BlackLine Is Expanding Net Profit Margins Fast
BlackLine Is Expanding Net Profit Margins Fast
BlackLine Is Expanding Net Profit Margins Fast
BL
seekingalpha.com31 October 2024

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 Honored with Multiple Consecutive Industry Accolades
BlackLine Honored with Multiple Consecutive Industry Accolades
BlackLine Honored with Multiple Consecutive Industry Accolades
BL
globenewswire.com29 October 2024

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

Why BlackLine (BL) is Poised to Beat Earnings Estimates Again
Why BlackLine (BL) is Poised to Beat Earnings Estimates Again
Why BlackLine (BL) is Poised to Beat Earnings Estimates Again
BL
zacks.com11 October 2024

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.

BlackLine Named a Leader in IDC MarketScape: Worldwide Office of the CFO Record to Report, 2024
BlackLine Named a Leader in IDC MarketScape: Worldwide Office of the CFO Record to Report, 2024
BlackLine Named a Leader in IDC MarketScape: Worldwide Office of the CFO Record to Report, 2024
BL
globenewswire.com03 October 2024

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.

David Henshall Joins BlackLine Board of Directors
David Henshall Joins BlackLine Board of Directors
David Henshall Joins BlackLine Board of Directors
BL
globenewswire.com24 September 2024

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

Here's What Key Metrics Tell Us About BlackLine (BL) Q2 Earnings
Here's What Key Metrics Tell Us About BlackLine (BL) Q2 Earnings
Here's What Key Metrics Tell Us About BlackLine (BL) Q2 Earnings
BL
zacks.com06 August 2024

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.

BlackLine (BL) Tops Q2 Earnings and Revenue Estimates
BlackLine (BL) Tops Q2 Earnings and Revenue Estimates
BlackLine (BL) Tops Q2 Earnings and Revenue Estimates
BL
zacks.com06 August 2024

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 Announces Participation in Upcoming Investor Conferences
BlackLine Announces Participation in Upcoming Investor Conferences
BlackLine Announces Participation in Upcoming Investor Conferences
BL
globenewswire.com28 May 2024

LOS ANGELES, May 28, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences:

FAQ

  • What is the primary business of BlackLine?
  • What is the ticker symbol for BlackLine?
  • Does BlackLine pay dividends?
  • What sector is BlackLine in?
  • What industry is BlackLine in?
  • What country is BlackLine based in?
  • When did BlackLine go public?
  • Is BlackLine in the S&P 500?
  • Is BlackLine in the NASDAQ 100?
  • Is BlackLine in the Dow Jones?
  • When was BlackLine's last earnings report?
  • When does BlackLine report earnings?
  • Should I buy BlackLine stock now?

What is the primary business of BlackLine?

BlackLine, Inc. is a developer of corporate software. It develops cloud solutions designed to automate and control the entire financial process. The company's headquarters is located in Woodland Hills, Los Angeles, California. It was founded in 2001. BlackLine provides software for more than 2200 companies, including Costco, Netflix, Coca-Cola, Google (Alphabet Inc.), Kraft Heinz, Under Armour, Sirius XM Holdings. The company's product is a powerful cloud software platform designed to automate and optimize accounting and financial operations. The company's software is cloud-based, primarily running on the Microsoft cloud stack.

What is the ticker symbol for BlackLine?

The ticker symbol for BlackLine is NASDAQ:BL

Does BlackLine pay dividends?

No, BlackLine does not pay dividends

What sector is BlackLine in?

BlackLine is in the Technology sector

What industry is BlackLine in?

BlackLine is in the Software Application industry

What country is BlackLine based in?

BlackLine is headquartered in United States

When did BlackLine go public?

BlackLine's initial public offering (IPO) was on 28 October 2016

Is BlackLine in the S&P 500?

No, BlackLine is not included in the S&P 500 index

Is BlackLine in the NASDAQ 100?

No, BlackLine is not included in the NASDAQ 100 index

Is BlackLine in the Dow Jones?

No, BlackLine is not included in the Dow Jones index

When was BlackLine's last earnings report?

BlackLine's most recent earnings report was on 7 November 2024

When does BlackLine report earnings?

The next expected earnings date for BlackLine is 13 February 2025

Should I buy BlackLine stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions