BlackLine, Inc. (BL)
Market Cap | 3.21B |
Revenue (ttm) | 557.78M |
Net Income (ttm) | 10.13M |
Shares Out | 60.98M |
EPS (ttm) | 0.10 |
PE Ratio | 535.50 |
Forward PE | 33.07 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 683,586 |
Open | 53.46 |
Previous Close | 52.80 |
Day's Range | 52.49 - 53.79 |
52-Week Range | 48.22 - 77.90 |
Beta | 0.85 |
Analysts | Hold |
Price Target | 63.45 (+20.6%) |
Earnings Date | Nov 2, 2023 |
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 high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to gen... [Read more]
Financial Performance
In 2022, BlackLine's revenue was $522.94 million, an increase of 22.84% compared to the previous year's $425.71 million. Losses were -$29.39 million, -74.48% less than in 2021.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for BL stock is "Hold." The 12-month stock price forecast is $63.45, which is an increase of 20.60% from the latest price.
News

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...

BlackLine Wins 'Tech Cares' Award for Impactful Corporate Social Responsibility Programs
Digital finance transformation leader also named 'Company of the Year' at the San Fernando Valley Business Journal's 2023 Diversity, Equity + Inclusion Awards LOS ANGELES , Aug. 17, 2023 /PRNewswire/ ...

BlackLine Founder and Co-CEO Therese Tucker Named a Judge for 2023 Forbes Cloud 100
Since its inclusion in the first-ever Cloud 100, BlackLine has gone public, expanded into adjacent markets, and continues to help companies around the world embrace modern accounting LOS ANGELES , Aug...

BlackLine Announces Second Quarter Financial Results
LOS ANGELES, Aug. 08, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced financial results for the second quarter ended June 30, 2023.

BlackLine Delivers Industry's First Five-Day Fast Track Implementation
Midsize companies can now 'Go Live in 5' on the industry's leading financial close management platform LOS ANGELES , Aug. 2, 2023 /PRNewswire/ -- Breaking industry barriers again, accounting automatio...

BlackLine Announces Date for Second Quarter 2023 Earnings Release and Conference Call
LOS ANGELES, July 25, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2023 after market close on Tues...

BlackLine Chief Information Security Officer Named to 2023 CISOs Connect™ Top 100
Jill Knesek recognized for her contributions delivering trusted and secure accounting automation software solutions to thousands of customers worldwide LOS ANGELES , July 20, 2023 /PRNewswire/ -- Blac...

99% of Stakeholders Surveyed by BlackLine Report Challenges with Intercompany Accounting Processes
New research reveals growing challenges are impacting business outcomes, talent retention and more LOS ANGELES , June 6, 2023 /PRNewswire/ -- A global survey commissioned by accounting automation soft...

BlackLine Announces Participation in Upcoming Investor Conferences
LOS ANGELES, May 16, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences:

BlackLine Continues Asia-Pacific Expansion
New office, leadership and data center to enhance customer experience and fuel company growth LOS ANGELES and SYDNEY and SINGAPORE , May 15, 2023 /PRNewswire/ -- Accounting automation software leader ...

AGL Energy, Cobram Estate, Lion and Officeworks Among Customers Speaking at BeyondTheBlack APAC 2023
Industry leading customers, Deloitte, EY and SAP® to share digital finance transformation and accounting automation best practices at BlackLine annual events in Sydney and Melbourne LOS ANGELES and SY...

BlackLine Announces First Quarter Financial Results
LOS ANGELES, May 04, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the first quarter ended March 31, 2023.

BlackLine Announces Date for First Quarter 2023 Earnings Release and Conference Call
LOS ANGELES, April 20, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the first quarter ended March 31, 2023 after market close on Thu...

Bayer, Covestro, Royal HaskoningDHV, T-Mobile and Trivium Packaging Among 15+ Customers Speaking at BeyondTheBlack EMEA 2023
Industry leading customers, Deloitte, EY and SAP® to share digital finance transformation and accounting automation best practices at BlackLine annual European conference LOS ANGELES and LONDON , Marc...

BlackLine Announces Leadership Succession as it Drives Growth Strategy
Therese Tucker and Owen Ryan Appointed Co-Chief Executive Officers

BlackLine Named to G2's Annual Best Accounting and Finance Software List 4th Year in a Row
Accounting automation software leader recognized by customers for ease-of-use, support teams, workflow and reporting capabilities LOS ANGELES , March 2, 2023 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: B...

BlackLine Joins Forces with Kofax to Add Globally Compliant Electronic Invoicing Capabilities to Accounts Receivable Automation Solutions
BlackLine AR Automation combined with Kofax's global business transaction network creates end-to-end solution for automated invoice-to-cash efficiency LOS ANGELES , Feb. 22, 2023 /PRNewswire/ -- Accou...

BlackLine Announces Fourth Quarter and Full Year Financial Results
LOS ANGELES, Feb. 14, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the fourth quarter and full year ended December 31, 2022.

Nominations Open for 2023 Modern Accounting Awards from BlackLine
Annual global awards program recognizes organizations that have embraced modern accounting to drive transformational outcomes LOS ANGELES , Feb. 8, 2023 /PRNewswire/ -- Accounting automation software ...

BlackLine Announces Date for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
LOS ANGELES, Jan. 31, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2022 after ma...

BlackLine Board Names Owen Ryan Chair; Adds Experienced Industry Leadership to Board of Directors
Bruny Rios, CAO at Dell, and Amit Yoran, CEO and chairman at Tenable, bring extensive industry, digital finance transformation, compliance and cybersecurity experience to accounting automation softwar...