Blackline Inc. beats profit estimates in Q1 with revenue growth of 6%.
From Nasdaq: 2025-05-06 20:26:00
Blackline Inc. (BL) reported a first-quarter profit that beat Street estimates, with earnings totaling $6.06 million or $0.10 per share, down from $10.83 million or $0.17 per share last year. Adjusted earnings were $36.32 million or $0.49 per share, surpassing analysts’ expectation of $0.38 per share. The company’s revenue for the period increased by 6.0% to $166.931 million from $157.461 million last year. Blackline Inc.’s GAAP earnings showed a decrease in earnings and EPS compared to the previous year, while revenue saw a positive growth.
Read more at Nasdaq: Blackline Inc. Q1 Profit Decreases, But Beats Estimates