BlackLine: Q1 Earnings Insights - BlackLine (NASDAQ:BL)

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.

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.

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.