BlackLine reports Q2 non-GAAP EPS 51c, consensus 51c

Reports Q2 revenue $172M, consensus $170.86M. “Our strong second quarter results demonstrate BlackLine’s (BL) growing success, which is a direct outcome of our disciplined go-to-market execution and significant progress on the strategic initiatives we outlined last fall,” said Owen Ryan, Co-CEO of BlackLine. “Specifically, the delivery of our Studio360 platform, adoption of our new pricing strategy, sharpened industry focus, and enhanced partner network all played a key role in driving this quarter’s performance.”