BL Stock Recent News

LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2024 after market close on Tuesday, August 6, 2024 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.

Investors interested in stocks from the Internet - Software sector have probably already heard of Nice (NICE) and BlackLine (BL). But which of these two companies is the best option for those looking for undervalued stocks?

I recommended a buy due to BL mission-critical solution for enterprises, expected low-teens growth rate, and large TAM. BL automates accounting processes for large enterprises globally, with a focus on the US market gradually shifting to international. Recent market pressure is due to growth slowdown, but I don't see this as a big issue.

Investors interested in Internet - Software stocks are likely familiar with Nice (NICE) and BlackLine (BL). But which of these two companies is the best option for those looking for undervalued stocks?

Curious about my chances of being replaced by an artificial intelligence chatbot, I went ahead and asked ChatGPT 3.5, Microsoft Copilot, and Google Gemini to give me examples of stocks with poor ratings or sell signals. Both Gemini and ChatGPT gave me non-answers, explaining that I should do my research and what common pitfalls to look out for.

SAP Account Substantiation and Automation by BlackLine, financial review option, is the latest market-leading solution extension from BlackLine to be sold by SAP LOS ANGELES , June 4, 2024 /PRNewswire/ -- BlackLine, Inc. (Nasdaq:BL) today announced its Financial Reporting Analytics solution will be sold as an SAP Solution Extension under the name SAP Account Substantiation and Automation by BlackLine, financial review option. This innovative solution helps enable the Office of the CFO to perform proactive entity and group-level analysis of financial statement line items and variances, providing users with efficient commentary functionality, end-to-end transparency, and traceability.

LOS ANGELES, May 28, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences:

LOS ANGELES, May 22, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced the pricing of $600,000,000 aggregate principal amount of 1.00% convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the offering was increased from the previously announced offering size of $500,000,000. BlackLine also granted the initial purchaser of the notes a 13-day option to purchase up to an additional $90,000,000 aggregate principal amount of the notes. The sale of the notes is expected to close on May 24, 2024, subject to customary closing conditions.

LOS ANGELES, May 21, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced that it intends to offer, subject to market conditions and other factors, $500,000,000 aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). BlackLine also intends to grant the initial purchaser of the notes a 13-day option to purchase up to an additional $75,000,000 aggregate principal amount of the notes.

BlackLine, Inc. (NASDAQ:BL ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Matt Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive Officer Therese Tucker - Co-Chief Executive Officers Mark Partin - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Chris Quintero - Morgan Stanley Jaydeep Patel - JPMorgan Adam Hotchkiss - Goldman Sachs Brent Bracelin - Piper Sandler Koji Ikeda - Bank of America George Kurosawa - Citi Pat Walravens - Citizens JMP Ryan Krieger - Wolfe Research Matt VanVliet - BTIG Matt Humphries Good afternoon, and thank you for joining us today. With me on the call are Owen Ryan and Therese Tucker, Co-Chief Executive Officers of BlackLine as well as Mark Partin, Chief Financial Officer.