BlackLine(BL) - 2023 Q2 - Earnings Call Transcript

Net revenue retention remained stable at 106% as we continue to experience a lower velocity of customer expansion activity due to persistent macro uncertainty. Strategic product performance represented 20% of sales. Partners were involved in 80% of large deals this quarter driving both net new and expansion deals globally as we continue to enable, train and drive higher levels of partner activity. Finally, we ended the quarter with $1.1 billion in cash, cash equivalents and marketable securities providing c ...