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Sep 30, 2023

BlackLine Q3 2023 Earnings Report

BlackLine's Q3 2023 financial results were solid, marked by progress against key initiatives.

Key Takeaways

BlackLine announced solid financial results for the third quarter ended September 30, 2023. The company is focused on driving a higher level of execution across the organization and deepening relationships with customers and partners.

BlackLine reported solid financial results.

The company is making progress against key initiatives.

BlackLine is focused on customer success.

BlackLine aims to inspire, power and guide digital finance transformation.

Total Revenue
$151M
Previous year: $134M
+12.2%
EPS
$0.51
Previous year: $0.21
+142.9%
Number of Customers
4.3K
Gross Profit
$114M
Previous year: $102M
+11.9%
Cash and Equivalents
$1.16B
Previous year: $191M
+509.9%
Free Cash Flow
$40.9M
Previous year: $21.7M
+88.3%
Total Assets
$2.02B
Previous year: $1.88B
+7.4%

BlackLine

BlackLine

Forward Guidance

BlackLine provided guidance for the fourth quarter and full year 2023, excluding certain items.