Honor comes on the heels of the digital finance transformation leader ranking No. 5 globally on The Software Report's latest list of the top 100 software companiesLOS ANGELES, Jan. 24, 2024 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) Co-CEO Therese Tucker has been named 2023's No. 1 'Top Woman Leader in SaaS' by The Software Report, a leading source for market research and insights related to the software and SaaS (software-as-a-service) sectors. Therese Tucker, co-CEO of digital finance transformation ...

BlackLine (BL) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The po ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:ImmunoGen, Inc. (IMGN) : This commercial-stage biotechnology company has seen the Zacks Consensus Estimate for its current year earnings increasing 250% over the last 60 days.GitLab Inc. (GTLB) : This software development company has seen the Zacks Consensus Estimate for its current year earnings increasing 285.71% over the last 60 days.Finward Bancorp (FNWD) : This holding company for Peoples Bank has seen the Zacks Consensus Estimate ...

Digital finance transformation leader expands leadership team, adding former Dell Technologies senior marketing leader to drive global marketing strategy LOS ANGELES, Jan. 3, 2024 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) announced today that technology industry veteran Emily Campbell has joined the company as chief marketing officer (CMO), effective Jan. 2nd. As CMO, Campbell is responsible for driving BlackLine's global marketing strategy as the digital finance transformation leader seeks to capitalize ...

BlackLine, Inc. (NASDAQ:BL) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Matt Humphries – Vice President-Investor Relations Owen Ryan – Co-Chief Executive Officer and Chairman Therese Tucker – Founder and Co-Chief Executive Officer Mark Partin – Chief Financial Officer Conference Call Participants Rob Oliver – Baird Alex Sklar – Raymond James Chris Quintero – Morgan Stanley Pat Walravens – JMP Securities Koji Ikeda – Bank of America William McNamara – BTIG Kyle Aberastur ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-Q ______________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0 ...

BlackLine, Inc. (NASDAQ:BL) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Corporate Participants Matt Humphries - Vice President of Investor Relations Therese Tucker - Founder and Co-Chief Executive Officer Owen Ryan - Chairman and Co-Chief Executive Officer Mark Partin - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Alex Sklar - Raymond James Steve Enders - Citi Pinjalim Bora - JPMorgan Koji Ikeda - Bank of America Matt VanVliet - BTIG Andrew DeGasperi - Berenberg Mat ...

6 7 | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|---------------------|-------|-------------------| | | | Six Months \n2023 | Ended | June 30, \n2022 | | Cash flows from operating activities | | | | | | Net income (loss) attributable to BlackLine, Inc. | $ | 18,841 | $ | (20,676) | | Net income (loss) and adjustment attributable to re ...

BlackLine, Inc. (NASDAQ:BL) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Owen Ryan - Co-Chief Executive Officers & Chairman of the Board Therese Tucker - Co-Chief Executive Officers & Founder Mark Partin - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Alex Sklar - Raymond James Alex Vasti - William Blair Brent Bracelin - Piper Sandler Pinjalim Bora - JPMorgan Kyle Aberasturi - BMO Capital Markets Koji Ikeda - BofA Securities Adam Hotchkiss - Goldman ...

Financial Performance - The net loss attributable to BlackLine, Inc. for the quarter ended March 31, 2023, was $12,008 thousand, compared to a net loss of $6,816 thousand for the same period in 2022, indicating a year-over-year increase in loss[36]. - For the quarter ended March 31, 2023, the company reported revenues of $139.0 million, an increase from $120.2 million in the same quarter of 2022, while incurring a net loss of $12.0 million compared to a net loss of $10.0 million in the prior year[114]. - The net loss attributable to BlackLine, Inc. for Q1 2023 was $12.01 million, compared to a net loss of $10.01 million in Q1 2022, reflecting a worsening of approximately 20%[137]. - The company recorded a tax expense of $0.6 million in Q1 2023, a significant decrease from a $12.9 million tax benefit in Q1 2022, primarily due to changes in valuation allowance[136]. Assets and Liabilities - Total current liabilities decreased from $367,821 thousand as of December 31, 2022, to $363,548 thousand as of March 31, 2023, representing a reduction of approximately 0.6%[34]. - The total liabilities decreased from $1,807,893 thousand as of December 31, 2022, to $1,786,510 thousand as of March 31, 2023, indicating a decline of about 1.2%[34]. - Stockholders' equity increased from $111,868 thousand as of December 31, 2022, to $116,992 thousand as of March 31, 2023, reflecting an increase of approximately 4.0%[34]. - Total assets were reported at $1,033.078 million as of March 31, 2023, with total liabilities of $44.655 million[74]. Cash Flow and Investments - Cash provided by operating activities was $22,867,000 for the quarter ended March 31, 2023, a significant increase from $176,000 in the same quarter of 2022[59]. - The company had total cash, cash equivalents, and restricted cash of $222,799,000 at the end of the period, down from $365,769,000 a year earlier[59]. - The company experienced a net increase in cash of $21,592,000 for the quarter ended March 31, 2023, compared to a net decrease of $174,222,000 in the same quarter of 2022[59]. - Investments in marketable securities totaled $875,456,000 with a fair value of $874,083,000 as of December 31, 2022[50]. Market Presence and Operations - The company has international office locations in 12 countries, including Australia, Canada, and the United Kingdom, indicating a broad market presence[41]. - As of March 31, 2023, the company had 369,493 individual users across 4,236 customers, with approximately 94% of revenue derived from subscriptions to its cloud-based software platform[113]. - The company completed the acquisition of FourQ Systems, Inc. on January 26, 2022, aimed at enhancing intercompany accounting automation capabilities[41]. Revenue and Customer Metrics - Total revenue for Q1 2023 was $138.98 million, up from $120.24 million in Q1 2022, representing a year-over-year growth of approximately 15.5%[141]. - Contracted but unrecognized revenue stood at $773.3 million as of March 31, 2023, with an expectation to recognize about 56% over the next 12 months[140]. - The dollar-based net revenue retention rate slightly declined at the end of Q1 2023 compared to Q4 2022, indicating challenges in maximizing customer lifetime value[118]. Expenses and Cost Management - The increase in total cost of revenues for Q1 2023 was primarily driven by a $1.5 million rise in amortization of developed technology and a $1.4 million increase in cloud hosting expenses[128]. - Research and development expenses increased by $4.3 million in Q1 2023 compared to Q1 2022, largely due to higher salaries and benefits from increased headcount[130]. - Sales and marketing expenses rose by $1.2 million in Q1 2023, driven by higher bonuses and commissions, as well as increased trade show expenses[129]. Stock-Based Compensation - Stock-based compensation expense was $20,438,000 for the quarter ended March 31, 2023, up from $15,902,000 in the prior year[59]. - Stock-based compensation expense for the quarter ended March 31, 2023, was $20.438 million, an increase from $15.902 million in the same quarter of 2022[83]. Risks and Challenges - The company’s cash flow management and operational performance are subject to risks and uncertainties, including market acceptance of its solutions and the impact of the COVID-19 pandemic[31]. - The company has seen customers delay purchasing decisions due to economic uncertainty, impacting near-term demand[115]. - The company's ability to maximize the lifetime value of customer relationships is influenced by customers' willingness to purchase additional user licenses and products[119].