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Jun 30, 2022

BlackLine Q2 2022 Earnings Report

BlackLine delivered strong revenue growth combined with overall operating efficiency and profitability.

Key Takeaways

BlackLine announced solid second quarter results, delivering strong revenue growth, operating efficiency, and profitability. Demand remains healthy as businesses globally seek solutions to improve resiliency, reduce complexity, and enhance efficiency in finance and accounting operations.

Delivered strong revenue growth.

Achieved overall operating efficiency.

Maintained profitability.

Focused on driving long-term, sustainable growth.

Total Revenue
$128M
Previous year: $102M
+25.8%
EPS
$0.07
Previous year: $0.15
-53.3%
Gross Profit
$95.6M
Previous year: $78.6M
+21.6%
Cash and Equivalents
$208M
Previous year: $643M
-67.6%
Free Cash Flow
$132K
Previous year: $11.8M
-98.9%
Total Assets
$1.87B
Previous year: $1.73B
+8.2%

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.