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Mar 31, 2024

BlackLine Q1 2024 Earnings Report

BlackLine's financial results exceeded revenue and profitability expectations, demonstrating the ability to deliver profitable growth.

Key Takeaways

BlackLine announced its Q1 2024 financial results, exceeding revenue and profitability expectations. The company is seeing encouraging signs of progress and is focused on capitalizing on these to support long-term growth objectives. BlackLine is also rapidly moving to offer an AI-powered platform for the Office of the CFO.

Financial results exceeded revenue and profitability expectations.

Demonstrated ability to deliver profitable growth.

Seeing encouraging signs of progress across the company.

Moving to offer an AI-powered platform for the Office of the CFO.

Total Revenue
$157M
Previous year: $139M
+13.3%
EPS
$0.54
Previous year: $0.34
+58.8%
Number of Customers
4.4K
Previous year: 4.2K
+4.8%
Gross Profit
$118M
Previous year: $104M
+14.1%
Cash and Equivalents
$1.24B
Previous year: $223M
+459.3%
Free Cash Flow
$50.1M
Previous year: $21.2M
+136.5%
Total Assets
$2.09B
Previous year: $1.93B
+8.1%

BlackLine

BlackLine