Blackline Safety Q1 Earnings Call Highlights

During the Q&A, Slater said the company began shipping G8 units “today” and expects hardware growth to “return and then accelerate through the rest of the year.” He added that Blackline had discussed an expectation that about 25% of shipments in Q2 would be G8 devices, “and then growing from there,” while noting that some orders remain “budgeted and very locked in at the G7.”Product revenue was CAD 14.0 million, down 22% year-over-year. CEO Cody Slater reiterated that the company expected a near-term headwi ...