BL Stock Recent News

Investors interested in stocks from the Internet - Software sector have probably already heard of 8x8 (EGHT) and BlackLine (BL). But which of these two stocks is more attractive to value investors?

BlackLine shares slid nearly 20% after the company reported disastrous Q4 results, showing continued deceleration in revenue growth while also suffering large slips in operating margin. The company's FY25 implies growth slowing further to a mere 7-8% range, well below the company's target goal of recovering growth to the mid-teens. BlackLine may be subject to vendor consolidation as its niche finance software faces sharp competition from broader platforms like SAP and Workday.

The headline numbers for BlackLine (BL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

BlackLine, Inc. (NASDAQ:BL ) Q4 2024 Earnings Conference Call February 11, 2025 5:00 PM ET Company Participants Matthew Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive Officer Therese Tucker - Co-Chief Executive Officers Patrick Villanova - Chief Accounting Officer Conference Call Participants Chris Quintero - Morgan Stanley Patrick Schulz - Baird Koji Ikeda - Bank of America Steve Enders - Citi Alex Sklar - Raymond James Daniel Jester - BMO Capital Markets Adam Hotchkiss - Goldman Sachs Patrick Walravens - Citizens Jake Roberge - William Blair Dominique Manansala - Truist Securities Operator Good day, and thank you for standing by. Welcome to the BlackLine Q4 2024 Earnings Conference Call.

BlackLine (BL) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.69 per share a year ago.

LOS ANGELES, Feb. 11, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the fourth quarter and full year ended December 31, 2024.

Beyond analysts' top -and-bottom-line estimates for BlackLine (BL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.

LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2024 after market close on Tuesday, February 11, 2025 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. To access the conference call by phone, please register here, and dial-in details will be provided. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

Stuart Van Houten, Will Join BlackLine Effective February 17, 2025, and Succeed Mark Woodhams as Head of Global Sales Team

BlackLine (BL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.