BlackLine(BL)
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BlackLine (BL) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-14 01:01
BlackLine (BL) reported $155.73 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 11.3%. EPS of $0.69 for the same period compares to $0.35 a year ago.The reported revenue represents a surprise of +0.96% over the Zacks Consensus Estimate of $154.24 million. With the consensus EPS estimate being $0.55, the EPS surprise was +25.45%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...
BlackLine (BL) Surpasses Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-13 23:56
BlackLine (BL) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.45%. A quarter ago, it was expected that this company would post earnings of $0.36 per share when it actually produced earnings of $0.51, delivering a surprise of 41.67%.Over the last four quarters, the company has surp ...
3 Highly Ranked Tech Stocks to Watch as Earnings Approach
Zacks Investment Research· 2024-02-12 21:31
There will be a slew of top-rated stocks reporting earnings this week with several belonging to the Zacks Rank #1 (Strong Buy) list and being attractive tech companies to watch. Reporting their fourth quarter results on Tuesday, February 13, here are three of these highly-ranked tech stocks that investors will want to keep an eye on.Shopify (SHOP) Market sentiment has been high for Shopify’s potential as a provider of essential internet infrastructure for commerce. To that point, SHOP shares have soared +8 ...
SaaS and Intelligent Automation Industry Veteran Sumit Johar Joins BlackLine as Chief Information Officer
Prnewswire· 2024-02-12 14:01
Digital finance transformation leader expands leadership team, adding former Automation Anywhere CIO to oversee IT and InfoSec, scale internal cloud operations, and lead AI initiativesLOS ANGELES, Feb. 12, 2024 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) announced today that Software-as-a-Service (SaaS) and intelligent automation industry veteran Sumit Johar has joined the company as chief information officer (CIO), effective Feb. 12th. Reporting to Co-CEO Therese Tucker, Johar will oversee Information Tec ...
BlackLine Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Newsfilter· 2024-01-30 21:15
LOS ANGELES, Jan. 30, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (NASDAQ:BL) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2023 after market close on Tuesday, February 13, 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.blackline.com/. To access the conference call by phone, please register here, and ...
Nearly 40% of CFOs Do Not Completely Trust Their Organization's Financial Data, According to BlackLine Survey
Prnewswire· 2024-01-30 14:01
Year-on-year data also shows that confidence in cash flow visibility remains at a staggering low, with just 2% of C-suite and finance and accounting leaders expressing complete confidence Errors due to manual processing of critical finance and accounting activities identified as key issue negatively impacting trust; as a result, majority automating via AI and other emerging tech LOS ANGELES and LONDON and SYDNEY and SINGAPORE, Jan. 30, 2024 /PRNewswire/ -- New research shows that nearly 40% of CFOs around ...
BlackLine Co-CEO Therese Tucker Takes No. 1 Spot on The Software Report's 2023 Top Women Leaders in SaaS List
Prnewswire· 2024-01-24 14:01
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) Upgraded to Strong Buy: Here's What You Should Know
Zacks Investment Research· 2024-01-04 18:32
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 ...
New Strong Buy Stocks for January 4th
Zacks Investment Research· 2024-01-04 13:17
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 ...
Technology Industry Veteran Emily Campbell Joins BlackLine as Chief Marketing Officer
Prnewswire· 2024-01-03 14:01
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 ...