BlackLine: Q1 Earnings Insights

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BlackLine BL reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM.

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

Earnings

BlackLine beat estimated earnings by 112.5%, reporting an EPS of $0.34 versus an estimate of $0.16.

Revenue was up $18.74 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.18 which was followed by a 1.97% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.17 0.09 0.01 -0.08
EPS Actual 0.35 0.21 0.07 0.01
Revenue Estimate 139.61M 134.16M 126.53M 119.60M
Revenue Actual 139.96M 134.27M 128.48M 120.24M

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.

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