BL Stock Recent News

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.

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

BlackLine (BL) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.34 per share a year ago.

Besides Wall Street's top -and-bottom-line estimates for BlackLine (BL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the first quarter ended March 31, 2024 after market close on Tuesday, May 7, 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.

Underestimated stocks present a tricky narrative. On one hand, it's always possible to find hidden gems that the Wall Street suits ignored.

Investors interested in Internet - Software stocks are likely familiar with F5 Networks (FFIV) and BlackLine (BL). But which of these two companies is the best option for those looking for undervalued stocks?

LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences: