BlackLine reports Q4 EPS 69c, consensus 55c

Reports Q4 revenue $155.7M, consensus $154.28M. “BlackLine closed the year with solid results, surpassing our expectations for both revenue and profitability, highlighting the powerful operating leverage embedded in our model,” said Owen Ryan, co-CEO of BlackLine. “Further, we aligned to a new operating model that directly supports our strategy of leading with solutions and harnessing the power of our partner ecosystem to solve real business problems for our customers.” “Customer-centric innovation has consistently been at the core of our culture, our strategy, and our success at BlackLine. It serves as the catalyst for inspiring, powering, and guiding digital finance transformation for our customers,” said Therese Tucker, co-CEO of BlackLine. “As we look ahead, our teams are committed to executing and showcasing why BlackLine stands as a market leader and the ideal partner for the Office of the CFO.”