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Blackline Inc (BL)
NASDAQ:BL
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.38Last Year’s EPS
0.54Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -20.84%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment overall, driven by strong revenue growth, strategic partnerships, and innovation in key areas. However, challenges such as deal velocity, FX impacts, and mid-market churn were notable. The company remains optimistic about its future growth and strategic initiatives.Company Guidance
During the BlackLine Q4 2024 earnings call, the company provided guidance for Q1 and the full year 2025, projecting total GAAP revenue between $166 million and $168 million for Q1, representing 5% to 7% growth. Non-GAAP operating margin for Q1 is expected to range from 16.5% to 17.5%, with non-GAAP net income attributable to BlackLine anticipated to be between $28 million and $30 million. For the full year 2025, BlackLine forecasts GAAP revenue between $699 million and $705 million, indicating 7% to 8% growth. The full-year non-GAAP operating margin is projected to be between 21% and 22%, while non-GAAP net income is expected to range from $155 million to $165 million. The company noted a one-point headwind to revenue growth due to foreign exchange impacts and outlined expectations for a higher effective tax rate. BlackLine also highlighted strategic initiatives, including expanding strategic partnerships, innovating with Studio360, and pursuing FedRAMP certification, which are expected to drive growth and market expansion.Revenue Growth and Financial Performance
BlackLine delivered 9% revenue growth in Q4 2024 with a non-GAAP operating margin of 18%, despite currency headwinds due to a strong US dollar. The revenue renewal rate improved to 96% with strong enterprise performance at 97% and mid-market business at 92%.
Strategic Partnerships and Initiatives
Significant progress in strategic partnerships, including a new partnership with Workday and an enhanced relationship with SAP. BlackLine is included in SAP's EPM package and progressing towards FedRAMP certification, which will position it to serve public sector organizations.
Expansion and New Deals
Expanded with BAE Systems in Europe and secured new deals with Snowflake in North America and Sandvik Coromant in the Nordics. These deals reflect BlackLine's ability to support large-scale digital finance transformation.
Studio360 Platform Launch
Launched the Studio360 platform, generating significant market enthusiasm for its ability to orchestrate, connect, and automate financial systems, with Fortune 100 companies already implementing it.
Innovation and AI Integration
Continued innovation with AI-based executive insights and enterprise consolidation capabilities, enhancing the financial reporting analytics pillar and positioning BlackLine to capitalize on opportunities from legacy consolidation solutions.
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BL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $63.40 | $51.94 | -18.08% |
| Nov 07, 2024 | $59.45 | $60.37 | +1.55% |
| Aug 06, 2024 | $44.09 | $49.33 | +11.88% |
| May 07, 2024 | $60.43 | $59.51 | -1.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Blackline Inc (BL) report earnings?
Blackline Inc (BL) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Blackline Inc (BL) earnings time?
Blackline Inc (BL) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BL EPS forecast?
BL EPS forecast for the fiscal quarter 2025 (Q1) is 0.38.
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