•
Dec 31, 2022

BlackLine Q4 2022 Earnings Report

BlackLine reported solid financial results and continued to deliver against goal of driving profitable growth.

Key Takeaways

BlackLine announced financial results for the fourth quarter and full year ended December 31, 2022. The company reported solid financial results and remains confident in its long-term strategy, market leadership and competitive positioning.

BlackLine announced financial results for the fourth quarter and full year ended December 31, 2022.

Company reported solid financial results this quarter.

BlackLine announced innovative new solutions and expanded programs to support customers.

Company remains confident in its long-term strategy, market leadership and competitive positioning.

Total Revenue
$140M
Previous year: $115M
+21.4%
EPS
$0.35
Previous year: $0.08
+337.5%
Number of Customers
4.1K
Previous year: 3.8K
+7.9%
Gross Profit
$107M
Previous year: $87.4M
+22.0%
Cash and Equivalents
$201M
Previous year: $540M
-62.8%
Free Cash Flow
$24.5M
Previous year: $18.6M
+31.9%
Total Assets
$1.94B
Previous year: $1.82B
+6.9%

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.