BlackLine (BL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - BlackLine (BL) reported revenue of $172.03 million for the quarter ended June 2025, marking a year-over-year increase of 7.2% [1] - The earnings per share (EPS) for the same period was $0.51, down from $0.58 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $170.77 million, resulting in a surprise of +0.73% [1] - The company achieved an EPS surprise of +2%, with the consensus EPS estimate being $0.50 [1] Financial Performance Metrics - Total customers reached 4,451, slightly below the estimated 4,465 [4] - The retention rate was 105%, surpassing the average estimate of 104.5% [4] - Revenue from professional services was $9 million, exceeding the four-analyst average estimate of $8.54 million, representing a year-over-year change of +3.2% [4] - Revenue from subscription and support was $163.03 million, above the four-analyst average estimate of $162.18 million, reflecting a year-over-year change of +7.4% [4] - Gross profit from professional services was $1.57 million, slightly below the two-analyst average estimate of $1.66 million [4] - Gross profit from subscription and support was $127.84 million, compared to the estimated $128.26 million by two analysts [4] Stock Performance - BlackLine's shares have returned -6.4% over the past month, while the Zacks S&P 500 composite increased by +1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]