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Dec 31, 2019

BlackLine Q4 2019 Earnings Report

BlackLine reported strong Q4 2019 results driven by healthy global demand and investments in digital transformation.

Key Takeaways

BlackLine announced strong fourth-quarter results, driven by continued healthy global demand from companies investing in digital transformation. The company is focused on customer success and executing its multi-year strategy to drive sustainable growth.

Continued to see healthy global demand from companies investing in digital transformation.

Consistent execution drove growth and scaled the business.

Maintained a strong leadership position.

Focused on customers’ success and executing on multi-year strategy to drive sustainable growth.

Total Revenue
$80.3M
Previous year: $62.3M
+28.8%
EPS
$0.14
Previous year: $0.03
+366.7%
Number of Customers
3K
Gross Profit
$65.1M
Previous year: $48.4M
+34.5%
Cash and Equivalents
$120M
Previous year: $46.2M
+160.3%
Free Cash Flow
$7.05M
Previous year: $3.13M
+125.6%
Total Assets
$1.01B
Previous year: $493M
+105.6%

BlackLine

BlackLine