BlackLine, Inc. (BL)
Market Cap | 3.53B |
Revenue (ttm) | 590.00M |
Net Income (ttm) | 52.83M |
Shares Out | 61.52M |
EPS (ttm) | 0.81 |
PE Ratio | 71.57 |
Forward PE | 27.18 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 655,054 |
Open | 57.59 |
Previous Close | 57.85 |
Day's Range | 56.49 - 58.54 |
52-Week Range | 47.27 - 69.31 |
Beta | 0.85 |
Analysts | Hold |
Price Target | 62.38 (+8.79%) |
Earnings Date | May 2, 2024 |
About BL
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company's also provides jour... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for BL stock is "Hold." The 12-month stock price forecast is $62.38, which is an increase of 8.79% from the latest price.
News
Cloud Software Engineering Veteran Jeremy Ung Joins BlackLine as Chief Technology Officer
Digital finance transformation leader adds former Apptio, Amazon Web Services,and Microsoft leader to oversee global technology direction LOS ANGELES , April 16, 2024 /PRNewswire/ -- Digital finance t...
BlackLine Announces AI-Powered Innovation for Analyzing Journal Entries
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 & comp...
Camille Drummond Joins BlackLine Board of Directors
36-year veteran of global oil, gas, and energy powerhouse bp brings extensive business process services expertise to help guide digital finance transformation leader LOS ANGELES and LONDON , March 18,...
Industry-leading Customers bp, Marshalls PLC, and Trivium Packaging, Plus Deloitte, EY, and SAP Speaking at BeyondTheBlack™ Europe 2024
Annual BlackLine conference to highlight top-of-mind topics for the Office of the CFO,including the use of AI in Finance and Accounting LOS ANGELES and LONDON , March 14, 2024 /PRNewswire/ -- BlackLin...
BlackLine Adds 1,000th Modern Accounting Playbook (MAP) Customer
Bundled software and services offerings help companies get up and running and benefit quickly from market-leading financial close and invoice-to-cash solutions LOS ANGELES , Feb. 28, 2024 /PRNewswire/...
BlackLine Announces Participation in Upcoming Investor Conferences
LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences:
BlackLine Named to G2's Annual Best Accounting & Finance Software List for the 5th Year in a Row
Digital finance transformation leader recognized by customers for ease-of-use, visibility, breadth of functionality, workflow, and reporting capabilities LOS ANGELES , Feb. 21, 2024 /PRNewswire/ -- Bl...
BlackLine Announces Fourth Quarter and Full Year 2023 Financial Results
LOS ANGELES, Feb. 13, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the fourth quarter and full year ended December 31, 2023.
SaaS and Intelligent Automation Industry Veteran Sumit Johar Joins BlackLine as Chief Information Officer
Digital finance transformation leader expands leadership team, adding former Automation Anywhere CIO to oversee IT and InfoSec, scale internal cloud operations, and lead AI initiatives LOS ANGELES , F...
BlackLine Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
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 ma...
Nearly 40% of CFOs Do Not Completely Trust Their Organization's Financial Data, According to BlackLine Survey
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 t...
Technology Industry Veteran Emily Campbell Joins BlackLine as Chief Marketing Officer
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/ -- Bla...
Business Leaders Ready to Embrace AI and Other Emerging Technologies to Enhance Financial Operations, But Challenges Remain - BlackLine Survey Reveals
Research highlights C-suite and Finance and Accounting expectations and concerns around the adoption of Generative AI and other emerging technologies LOS ANGELES and LONDON and SYDNEY and SINGAPORE , ...
BlackLine Sets New Standard with Addition of Trade Management Capabilities to its Intercompany Financial Management Solutions
An industry first, BlackLine Intercompany now addresses both trade and non-trade transactions, maximizing tax defensibility and increasing regulatory compliance LOS ANGELES , Nov. 29, 2023 /PRNewswir...
BlackLine Announces Participation in Upcoming Investor Conference
LOS ANGELES, Nov. 15, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conference:
BlackLine Announces Third Quarter Financial Results
LOS ANGELES, Nov. 02, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the third quarter ended September 30, 2023.
BlackLine Announces Date for Third Quarter 2023 Earnings Release and Conference Call
LOS ANGELES, Oct. 19, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the third quarter ended September 30, 2023 after market close on ...
BlackLine Expands Connectivity and Unification with Microsoft Ecosystem for a Faster and More Efficient Financial Close and Consolidation
Newly added Microsoft Teams integration and enhanced Microsoft Dynamics 365 Connector deliver increased automation, control, and visibility LOS ANGELES , Oct. 16, 2023 /PRNewswire/ -- Digital finance ...
BlackLine Expands Accounts Receivable Automation Solutions with e-Invoice Presentment and Payment (EIPP)
Company's integrated Invoice-to-Cash solution, unveiled at BeyondTheBlack™ 2023, automates end-to-end accounts receivable processes to unleash working capital LOS ANGELES , Oct. 10, 2023 /PRNewswire/ ...
William 'Bill' Wagner Joins BlackLine Board of Directors
Former LogMeIn CEO brings extensive cloud, technology, and marketing expertise to help guide digital finance transformation leader LOS ANGELES , Oct. 2, 2023 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: B...
BlackLine Names Human Resources Leader Mary Ainsworth as Chief People Officer
Cloud software industry veteran to continue to nurture and evolve customer-first organization built on innovation, agility, and inclusion LOS ANGELES , Sept. 26, 2023 /PRNewswire/ -- BlackLine, Inc. (...
BlackLine Launches AI-Enabled Intercompany Accounting Tool
BlackLine, a cloud finance software company, has begun the rollout of its artificial intelligence (AI)-enabled intercompany accounting capabilities. This new solution, known as Intercompany Predictiv...
BlackLine Announces Industry's First AI-Enabled Intercompany Accounting Capabilities
Intercompany Predictive Guidance significantly reduces transaction failure rates, eliminates costly rework, and expedites processing across the transaction lifecycle LOS ANGELES , Sept. 12, 2023 /PRNe...
BlackLine BeyondTheBlack™ 2023 to Feature James Hardie, Nodaway Valley Bank, Red Wing Shoes,and Starbucks Among 35+ Customers Speaking
Industry-leading customers, Deloitte, EY, and SAP to share insights on top-of-mind digital finance transformation topics, including the use of AI in Finance and Accounting LOS ANGELES , Sept. 11, 2023...
BlackLine Honors 2023 Modern Accounting Award Winners: CVS Health, Barentz, Kimberly-Clark, Premier Trailer Leasing, Nippon Express Holdings, and Boeing
Leading organizations from around the world recognized for embracing modern accounting to drive transformational outcomes LOS ANGELES , Aug. 30, 2023 /PRNewswire/ -- Digital finance transformation lea...