Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
28 October 2016Website:
http://www.blackline.comNext earnings report:
13 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 22:33:22 GMTDividend
Analysts recommendations
Institutional Ownership
BL Latest News
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.
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 (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.
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.
Henshall brings significant experience in enterprise software and possesses unmatched expertise in finance, strategy, and technology development
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) 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.
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:
LOS ANGELES, May 22, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced the pricing of $600,000,000 aggregate principal amount of 1.00% convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the offering was increased from the previously announced offering size of $500,000,000. BlackLine also granted the initial purchaser of the notes a 13-day option to purchase up to an additional $90,000,000 aggregate principal amount of the notes. The sale of the notes is expected to close on May 24, 2024, subject to customary closing conditions.
In addition to examining Wall Street's forecasts for BlackLine (BL), consider analyzing projections for important metrics to better understand the company's performance in the first quarter of 2024.
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What type of business is 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 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 from?
BlackLine is headquartered in United States
When did BlackLine go public?
BlackLine initial public offering (IPO) was on 28 October 2016
What is BlackLine website?
https://www.blackline.com
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 the previous earnings report?
No data
When does BlackLine earnings report?
The next expected earnings date for BlackLine is 13 February 2025