BlackLine

BlackLine, Inc. operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance. The company was founded by Therese Tucker in May 2001 and is headquartered in Woodland Hills, CA.

Earnings data Q3 2023

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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 Predictive Guidance, aims to prevent transaction failures, reduce resource consumption and enhance efficiency throughout the entire transaction lifecycle, the company said in a Tuesday (Sept.

BlackLine Launches AI-Enabled Intercompany Accounting Tool

Intercompany Predictive Guidance significantly reduces transaction failure rates, eliminates costly rework, and expedites processing across the transaction lifecycle LOS ANGELES , Sept. 12, 2023 /PRNewswire/ -- Leading the industry in innovation once again, digital finance transformation leader BlackLine, Inc. (Nasdaq: BL) has announced the first AI-enabled intercompany accounting capabilities.

BlackLine Announces Industry's First AI-Enabled Intercompany Accounting Capabilities

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 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) is hosting its annual conference, BeyondTheBlack™, in San Diego next week, uniting a global community of thousands of finance and accounting (F&A) leaders to inspire, power, and guide digital finance transformation.

BlackLine BeyondTheBlack™ 2023 to Feature James Hardie, Nodaway Valley Bank, Red Wing Shoes,and Starbucks Among 35+ Customers Speaking

Leading organizations from around the world recognized for embracing modern accounting to drive transformational outcomes LOS ANGELES , Aug. 30, 2023 /PRNewswire/ -- Digital finance transformation leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2023 Modern Accounting Awards. This is the fifth annual global awards program by the company, celebrating customers that have revolutionized their traditional accounting methods to adopt modern accounting practices.

BlackLine Honors 2023 Modern Accounting Award Winners: CVS Health, Barentz, Kimberly-Clark, Premier Trailer Leasing, Nippon Express Holdings, and Boeing

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, Inc. (Nasdaq: BL) won a 2023 'Tech Cares' award from TrustRadius, a leading B2B software peer review platform. This is the fourth consecutive year BlackLine has been selected for the award, which celebrates companies that have gone above and beyond to provide impactful corporate social responsibility (CSR) programs for their employees and surrounding communities.

BlackLine Wins 'Tech Cares' Award for Impactful Corporate Social Responsibility Programs

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. 10, 2023 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) Founder and Co-CEO Therese Tucker was invited to serve as a judge for the prestigious 2023 Forbes Cloud 100 list. Tucker joined a distinguished judging panel including the CEOs of market leaders Box, Datadog, Smartsheet, Twilio, UiPath, and Zuora.

BlackLine Founder and Co-CEO Therese Tucker Named a Judge for 2023 Forbes Cloud 100

BlackLine, Inc. (NASDAQ:BL ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Corporate Participants Matt Humphries - Vice President of Investor Relations Therese Tucker - Founder and Co-Chief Executive Officer Owen Ryan - Chairman and Co-Chief Executive Officer Mark Partin - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Alex Sklar - Raymond James Steve Enders - Citi Pinjalim Bora - JPMorgan Koji Ikeda - Bank of America Matt VanVliet - BTIG Andrew DeGasperi - Berenberg Matt Stotler - William Blair Chris Quintero - Morgan Stanley Adam Hotchkiss - Goldman Sachs Kyle Aberasturi - BMO Capital Markets Operator Good day and thank you for standing by. Welcome to the Q2 2023 BlackLine Earnings Conference Call.

BlackLine, Inc. (BL) Q2 2023 Earnings Call Transcript

BlackLine (BL) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of $0.28. This compares to earnings of $0.07 per share a year ago.

BlackLine (BL) Reports Q2 Loss, Tops Revenue Estimates

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

BlackLine Announces Second Quarter Financial Results

BlackLine's key growth drivers include its partnership with SAP, the new Accounting Studio product, and expansion opportunities in Asia-Pacific. BL's current valuations are below historical averages and what its key peers are trading at now. I raise my rating for BlackLine to a Buy, taking into account both the company's growth potential and the stock's valuation metrics.

BlackLine: Multiple Growth Drivers (Rating Upgrade)

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 automation software leader BlackLine, Inc. (Nasdaq: BL) announced a five-day implementation for midsize companies. With BlackLine 5-Day Fast Track, new customers can 'Go live in 5' and be up and running on BlackLine's market-leading financial close management platform in time for their next month-end close.

BlackLine Delivers Industry's First Five-Day Fast Track Implementation

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 Tuesday, August 8, 2023 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast will be accessible on BlackLine's investor relations website at https://investors.blackline.com. To access the call by phone, please go to this link (registration link), and dial in details will be provided. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

BlackLine Announces Date for Second Quarter 2023 Earnings Release and Conference Call

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/ -- BlackLine, Inc. (Nasdaq: BL) Chief Information Security Officer (CISO) Jill Knesek has been named one of the Top 100 CISOs in North America by CISOs Connect™, an invitation-only community for enterprise security executives. Knesek was recognized for implementing cutting-edge information security protocols, demonstrating visionary leadership, and fostering a robust culture of cyber security awareness throughout the company.

BlackLine Chief Information Security Officer Named to 2023 CISOs Connect™ Top 100

BlackLine (BL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About BlackLine (BL) Rating Upgrade to Buy

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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 software leader BlackLine, Inc. (Nasdaq: BL) revealed suboptimal intercompany accounting processes are creating wide-ranging issues for businesses globally. In the survey of over 260 intercompany stakeholders working at large multinational companies, 99% said they face specific challenges with intercompany financial processes.

99% of Stakeholders Surveyed by BlackLine Report Challenges with Intercompany Accounting Processes

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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 Announces Participation in Upcoming Investor Conferences

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 BlackLine, Inc. (Nasdaq: BL) today announced it is expanding its presence in the Asia-Pacific (APAC) region by opening a new office, appointing two new leaders, and launching a data center in Sydney. New Regional Headquarters Opens in Sydney BlackLine has moved its APAC regional headquarters into new office space on Castlereagh Street in Sydney's central business district.

BlackLine Continues Asia-Pacific Expansion

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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 SYDNEY , May 11, 2023 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) is hosting its annual Asia-Pacific (APAC) regional user conferences next week with events planned in Sydney and Melbourne. Beyond reporting the numbers and managing risk, Finance and Accounting (F&A) is being asked to do more than ever before, including transforming foundational processes, optimizing business operations and guiding corporate strategy.

AGL Energy, Cobram Estate, Lion and Officeworks Among Customers Speaking at BeyondTheBlack APAC 2023

BlackLine is a cloud-based financial software provider that is making monthly accounting close process(es) more automated, efficient and error-free. The company has a demonstrated, multi-year track record of double-digit revenue and free-cash-flow growth. Its solutions are also proving to be very “sticky” with a net retention rate of 106%.

BlackLine: Positioned To Weather Near-Term Headwinds And Disrupt The Global Financial Software Market

BlackLine was able to generate solid results against the backdrop of a broader economic slowdown. Management has pivoted the company's focus from growth to profits.

Why BlackLine Stock Rallied Friday Morning

BlackLine, Inc. (NASDAQ:BL ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Owen Ryan - Co-Chief Executive Officers & Chairman of the Board Therese Tucker - Co-Chief Executive Officers & Founder Mark Partin - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Alex Sklar - Raymond James Alex Vasti - William Blair Brent Bracelin - Piper Sandler Pinjalim Bora - JPMorgan Kyle Aberasturi - BMO Capital Markets Koji Ikeda - BofA Securities Adam Hotchkiss - Goldman Sachs Matthew VanVliet - BTIG Operator Good day, and thank you for standing by. Welcome to the BlackLine Earnings Conference Call.

BlackLine, Inc. (BL) Q1 2023 Earnings Call Transcript

BlackLine (BL) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.01 per share a year ago.

News for BlackLine Stock (BL)