This summary was created by AI, based on 1 opinions in the last 12 months.
Blackline Inc. (BL-Q) has beaten expectations in terms of EPS and revenue, displaying strong growth of 13.3%. The company also upped its full-year guidance for revenue and EPS, with a strong outlook for the future. Despite recent share price pressure due to a private issuance of convertible senior notes, experts consider BL as a hold. The company added 13 new customers in the first quarter, bringing the total to 4,411. Overall, BL's performance in the quarter and future outlook were viewed as strong by experts.
Blackline Inc. is a American stock, trading under the symbol BL-Q on the NASDAQ (BL). It is usually referred to as NASDAQ:BL or BL-Q
In the last year, 1 stock analyst published opinions about BL-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Blackline Inc..
Blackline Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Blackline Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Blackline Inc. published on Stockchase.
On 2024-12-12, Blackline Inc. (BL-Q) stock closed at a price of $64.8.
EPS beat expectations of 47c coming in at 54c. Revenue also beat expectations of $155.12M coming in at $157.5M displaying growth of 13.3%. BL also upped its full year guidance for revenue and EPS which with the upper range better than expectations. BL added 13 customers in the first quarter for a total of 4,411 customers. The quarter and outlook were strong for BL and we would say it as a hold. The share price was under pressure recently as the company announced that it had privately issued a convertible senior note for $600M.
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