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home / news releases / BL - BlackLine: A Steady Ship

BL - BlackLine: A Steady Ship

BlackLine Inc.
  • Shares of BlackLine have sunk nearly 20% this year despite strong results.
  • In the company's most recent Q2 earnings release, BlackLine delivered >20% y/y revenue growth alongside significant cash flow expansion.
  • Customer metrics were also healthy, showing continued upsell success and over 100 new customers added in the quarter.
  • BlackLine's niche makes it a very attractive software vendor to invest in, especially for future takeover potential.
  • The stock is trading relatively modestly at ~12x next year's revenue.

For further details see:

BlackLine: A Steady Ship
Stock Information
Company Name: BlackLine Inc.
Stock Symbol: BL
Market: NASDAQ
Website: blackline.com
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