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BlackLine reports Q3 EPS 51c, consensus 65c

Reports Q3 revenue $178.29M, consensus $183.57M. “BlackLine’s (BL) third-quarter results, with increasing revenue growth, solid margins, and strong free cash flow, demonstrate that our focus on improved execution is taking hold,” said Owen Ryan, CEO of BlackLine. “The deliberate changes we’ve made with our processes, technology, and people across our Product, Go-To-Market, and Operations teams are beginning to deliver the results we expect. As we combine this improving execution with our powerful growth levers, including our Studio360 platform, new pricing, and AI-powered solutions, we are increasingly confident in the trajectory of the business.”

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