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Jun 30, 2023

BlackLine Q2 2023 Earnings Report

BlackLine delivered total revenue and non-GAAP net income that exceeded targets.

Key Takeaways

BlackLine announced its Q2 2023 financial results, revealing that total revenue and non-GAAP net income surpassed expectations. The company is focusing on enhancing operational efficiency and investing in innovation to strengthen its position in the Office of the CFO.

Total revenue and non-GAAP net income exceeded targets.

Focus on driving higher operational efficiency.

Investing to extend leadership position within the Office of the CFO.

Continued delivery of innovative new solutions and programs for customers.

Total Revenue
$145M
Previous year: $128M
+12.5%
EPS
$0.41
Previous year: $0.07
+485.7%
Number of Customers
4.2K
Gross Profit
$107M
Previous year: $95.6M
+12.5%
Cash and Equivalents
$205M
Previous year: $208M
-1.9%
Free Cash Flow
$23.4M
Previous year: $132K
+17625.8%
Total Assets
$1.98B
Previous year: $1.87B
+5.4%

BlackLine

BlackLine