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Sep 30, 2022

BlackLine Q3 2022 Earnings Report

BlackLine reported solid financial results driven by healthy customer demand for finance and accounting solutions.

Key Takeaways

BlackLine announced solid financial results for the third quarter ended September 30, 2022, with customer demand for finance and accounting solutions remaining healthy.

BlackLine reported solid financial results this quarter.

Customer demand for finance and accounting solutions that drive efficiency and automation remained healthy.

Customers are seeking ways to operate successfully in today’s market.

BlackLine's solutions have become more relevant than ever.

Total Revenue
$134M
Previous year: $109M
+22.7%
EPS
$0.21
Previous year: $0.24
-12.5%
Gross Profit
$102M
Previous year: $85M
+19.9%
Cash and Equivalents
$191M
Previous year: $379M
-49.7%
Free Cash Flow
$21.7M
Previous year: $13.6M
+59.8%
Total Assets
$1.88B
Previous year: $1.75B
+7.3%

BlackLine

BlackLine

Forward Guidance

BlackLine provided guidance for the fourth quarter and full year 2022, but specific details were not included in the provided text.