BlackLine(BL)
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BlackLine (BL) Q1 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-05-07 23:11
BlackLine (BL) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.89%. A quarter ago, it was expected that this company would post earnings of $0.55 per share when it actually produced earnings of $0.69, delivering a surprise of 25.45%.Over the last four quarters, the company has surp ...
BlackLine(BL) - 2024 Q1 - Earnings Call Presentation
2024-05-07 23:02
BlackLine As of May 7th, 2024 Safe Harbor WHO WE ARE OUR WINNING ASPIRATION Market Leader with Large & Unpenetrated $39B TAM $$$ Model BlackLine's Market: The Office of the CFO Treasury Operations Cash Management Liability Management FP&A Forecasting Budgeting Office of the CFO The Controllership Tax, Audit & Compliance Corporate Development Tax, Regulatory & Compliance Risk Management M&A Strategy GL Accounting AR/AP Management Consolidation Financial Close Billing Financial Reporting Data Data Data Data T ...
BlackLine(BL) - 2024 Q1 - Quarterly Results
2024-05-07 20:05
Dollar-based Net Revenue Retention Rate. Dollar-based net revenue retention rate is calculated as the implied monthly subscription and support revenue at the end of a period for the base set of customers from which the Company generated subscription revenue in the year prior to the calculation, divided by the implied monthly subscription and support revenue one year prior to the date of calculation for that same customer base. This calculation does not reflect implied monthly subscription and support revenu ...
Gear Up for BlackLine (BL) Q1 Earnings: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-06 14:21
Analysts on Wall Street project that BlackLine (BL) will announce quarterly earnings of $0.47 per share in its forthcoming report, representing an increase of 38.2% year over year. Revenues are projected to reach $155.05 million, increasing 11.6% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this perio ...
SaaS and Enterprise Software Veteran Joins BlackLine as Chief Customer Officer
Prnewswire· 2024-05-06 13:01
Jimmy Duan to lead all customer- and partner-facing teams at digital finance transformation leader LOS ANGELES, May 6, 2024 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) announced today that software veteran Jimmy Duan has joined the company as chief customer officer, effective May 6th. In his new role, Mr. Duan will oversee the company's Implementation, Customer Success, Support, and Training teams, as well as the Strategic Alliances & Channels teams. The digital finance transformation leader provides marke ...
BlackLine Honors Capgemini, Deloitte, EY, and Genpact with 2023 Global Partner Awards
Prnewswire· 2024-04-24 13:01
Annual awards program recognizes leading firms for going above and beyond in their collaborative efforts to guide BlackLine customers on their digital finance transformation journeys LOS ANGELES, April 24, 2024 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2023 global and regional partner awards, with Deloitte and Genpact honored as 'Global Partners of the Year' and Capgemini, Deloitte, and EY all earning 'Global Consulting Alliance' accolades. The annual awards program recog ...
Cloud Software Engineering Veteran Jeremy Ung Joins BlackLine as Chief Technology Officer
Prnewswire· 2024-04-16 13:01
Digital finance transformation leader adds former Apptio, Amazon Web Services,and Microsoft leader to oversee global technology directionLOS ANGELES, April 16, 2024 /PRNewswire/ -- Digital finance transformation leader BlackLine, Inc. (Nasdaq: BL) announced today that cloud software engineering veteran Jeremy Ung has joined the company as Chief Technology Officer (CTO), effective April 15th. As CTO, Ung will guide the technology direction of BlackLine's market-leading cloud platform as the company continues ...
BlackLine Announces AI-Powered Innovation for Analyzing Journal Entries
Prnewswire· 2024-04-11 13:01
Powered by generative AI, Journals Risk Analyser empowers Finance and Accounting leaders with anomaly detection and powerful insights and trends to streamline audits and improve risk management & compliance LOS ANGELES, April 11, 2024 /PRNewswire/ -- Digital finance transformation leader BlackLine, Inc. (Nasdaq: BL) continues to build upon its long history of pioneering new markets and developing innovative solutions with the introduction of Journals Risk Analyser – adding AI-powered capabilities to the co ...
3 Stocks That Are Completely Underestimated by Wall Street
InvestorPlace· 2024-03-31 19:57
Underestimated stocks present a tricky narrative. On one hand, it’s always possible to find hidden gems that the Wall Street suits ignored. But on the other hand, those moments are relatively rare. After all, these folks are paid to find such opportunities. Usually, they do a good job.Nevertheless, humans are humans – even the smartest and most educated iterations. And that means they make mistakes or overlook certain ideas. Further, everybody has their own bias and that slanted mentality could eschew certa ...
FFIV vs. BL: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-03-22 16:46
Investors interested in Internet - Software stocks are likely familiar with F5 Networks (FFIV) and BlackLine (BL) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores ...