Blackline Safety Hits Record Revenue and Profitability

Blackline Safety (TSE:BLN) has released an update.

Blackline Safety has reported a record-breaking fiscal third quarter with $33.7 million in revenue, a 36% increase year-over-year, and a substantial climb in gross profit to $19.9 million, marking the company’s 30th consecutive quarter of growth. The company also achieved a positive EBITDA, showing a significant turnaround from the previous year’s loss, alongside remarkable improvements in hardware margins, gross margin, and net cash from operating activities.

For further insights into TSE:BLN stock, check out TipRanks’ Stock Analysis page.