LOS ANGELES, Aug. 06, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced financial results for the second quarter ended June 30, 2024. "BlackLine delivered solid results this quarter, exceeding our revenue and profitability expectations, while continuing to generate robust free cash flow," said Owen Ryan, co-CEO of BlackLine. "Our teams are relentlessly pursuing higher levels of operational excellence, aligned to our strategy and driven by our customer-focused operating model." "Our comm ...

About BlackLine Nearly 4,400 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer of the cloud financial close market and is recognized as the leader by customers at leading end-user review sites including G2 and TrustRadius. BlackLine is a global company with operations in major business centers including Los Angeles, New York, the San Francisco Bay area, London, Paris, Frankfurt, Tokyo, Sydney, Bangalore, and Singapore. For more information, vi ...

About BlackLine Investor Relations Contact: Matt Humphries, CFA matt.humphries@blackline.com 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.blacklin ...

BlackLine may redeem the notes, at its option, on or after June 5, 2027 if (i) the notes are "freely tradable" (as defined in the indenture governing the notes) and any accrued and unpaid additional interest has been paid as of the date BlackLine sends the related redemption notice and (ii) the last reported sale price of BlackLine's common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading-day perio ...

The notes will be senior unsecured obligations of BlackLine and will accrue interest payable semiannually in arrears. The notes will mature on June 1, 2029, unless earlier converted, repurchased or redeemed. The notes will be convertible into cash, shares of BlackLine's common stock ("common stock") or a combination of cash and shares of BlackLine's common stock, at BlackLine's election. The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the ...

LOS ANGELES, May 21, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced that it intends to offer, subject to market conditions and other factors, $500,000,000 aggregate principal amount of 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"). BlackLine also intends to grant the initial purchaser of the notes a 13-day option to purchase up to an add ...

Digital finance transformation leader is the only company recognized for both Invoice to Cash and Record to Report in 2024 ISG Provider Lens™ study LOS ANGELES, May 13, 2024 /PRNewswire/ -- Global technology research and advisory firm Information Services Group (ISG) has named BlackLine, Inc. (Nasdaq: BL) a leader in two categories – Invoice to Cash (I2C) and Record to Report (R2R) – in its latest Provider Lens™ study that assesses platform providers for their ability to help businesses transform and manage ...

results could be harmed. The market for accounting and financial software and services is highly competitive and rapidly evolving. Our competitors vary in size and in the breadth and scope of the products and services they offer. We often compete with other vendors of financial automation software, and we also compete with large, well-established, enterprise application software vendors whose software contains components that compete with our platform. In the future, a competitor offering ERP software could ...

Brent Bracelin Thank you. Operator One moment for our next question. The next question comes from the line of Koji Ikeda of Bank of America. Koji, please go ahead. Koji Ikeda Yes. Hey, everyone. Thanks for taking the question. I got two. So the first one, big picture question on accounting studio. Congrats on the long-awaited release there. I know that's quite a milestone. So the question is around is the platform such a meaningful change to what BlackLine has offered in the past that it could require your ...

BlackLine (BL) reported $157.46 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 13.3%. EPS of $0.54 for the same period compares to $0.34 a year ago.The reported revenue represents a surprise of +1.56% over the Zacks Consensus Estimate of $155.05 million. With the consensus EPS estimate being $0.47, the EPS surprise was +14.89%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...