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Mar 31, 2022
BlackLine Q1 2022 Earnings Report
BlackLine delivered strong first quarter performance, beating revenue and income expectations.
Key Takeaways
BlackLine announced financial results for the first quarter ended March 31, 2022. The company reported strong performance that beat revenue and income expectations due to growing demand for back-office digital transformation.
BlackLine delivered an outstanding first quarter with strong performance.
The company beat revenue and income expectations.
There is a growing demand environment as companies invest in back-office digital transformation.
BlackLine will continue to innovate and invest across its business to drive further uptake and adoption.
BlackLine
BlackLine
Forward Guidance
Guidance for non-GAAP net income attributable to BlackLine and non-GAAP net income attributable to BlackLine per share does not include the impact of the provision for (benefit from) income taxes related to acquisitions, amortization of acquired intangible assets, stock-based compensation, the amortization of debt discount and issuance costs, the change in fair value of contingent consideration, transaction-related costs, the adjustment to the value of the redeemable non-controlling interest to the redemption amount, and the loss on extinguishment of convertible senior notes.