BL - BlackLine Non-GAAP EPS of $0.01 beats by $0.09 revenue of $120.24M beats by $0.67M
BlackLine press release (NASDAQ:BL): Q1 Non-GAAP EPS of $0.01 beats by $0.09. Revenue of $120.24M (+21.6% Y/Y) beats by $0.67M. Added 72 net new customers in the first quarter for a total of 3,897 customers at March 31, 2022. Expanded the company’s user base to 337,939 at March 31, 2022. Achieved a dollar-based net revenue retention rate of 110% at March 31, 2022. Q2 Outlook: Total GAAP revenue is expected to be in the range of $126 million to $127 million. Non-GAAP net income attributable to BlackLine is expected to be in the range of $0 million to $1 million, or $0.00 to $0.01 per share on 72.5 million diluted weighted average shares outstanding.
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BlackLine Non-GAAP EPS of $0.01 beats by $0.09, revenue of $120.24M beats by $0.67M