BlackLine: Q4 Earnings Insights - BlackLine (NASDAQ:BL)

BlackLine BL reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

BlackLine beat estimated earnings by 25.45%, reporting an EPS of $0.69 versus an estimate of $0.55.

Revenue was up $15.77 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 8.47% increase in the share price the next day.

Here's a look at BlackLine's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.35	0.29	0.16	0.17
EPS Actual	0.51	0.41	0.34	0.35
Revenue Estimate	149.75M	143.90M	138.09M	139.61M
Revenue Actual	150.71M	144.57M	138.98M	139.96M

To track all earnings releases for BlackLine visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.