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Blackline Safety ( (TSE:BLN) ) just unveiled an announcement.
Blackline Safety reported a record fiscal third quarter for 2025, with revenue reaching $37.6 million, marking the 34th consecutive quarter of year-over-year growth. The company’s Annual Recurring Revenue increased by 29% to $80.2 million, and the Net Dollar Retention rate was 128%, highlighting strong customer loyalty and expansion. The EXO 8 area monitor, capable of detecting multiple gases and gamma radiation, has gained significant traction across various industries, further strengthening Blackline’s market position. The company also achieved a positive Adjusted EBITDA for the fifth consecutive quarter, reflecting improved profitability and operational efficiency.
The most recent analyst rating on (TSE:BLN) stock is a Buy with a C$10.00 price target. To see the full list of analyst forecasts on Blackline Safety stock, see the TSE:BLN Stock Forecast page.
Spark’s Take on TSE:BLN Stock
According to Spark, TipRanks’ AI Analyst, TSE:BLN is a Neutral.
The overall stock score is primarily influenced by strong revenue growth and a robust balance sheet, which provide a stable foundation for future growth. However, the negative P/E ratio and lack of profitability weigh heavily on the valuation score, while technical indicators suggest potential bearish trends. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on TSE:BLN stock, click here.
More about Blackline Safety
Blackline Safety Corp. is a global leader in connected safety technology, providing innovative solutions to enhance worker safety and productivity. The company focuses on delivering advanced safety monitoring devices and services, particularly in sectors such as Fire & Hazmat and Emergency Response.
Average Trading Volume: 64,244
Technical Sentiment Signal: Buy
Current Market Cap: C$605.6M
For a thorough assessment of BLN stock, go to TipRanks’ Stock Analysis page.