BL - BlackLine Non-GAAP EPS of $0.35 beats by $0.18 revenue of $139.96M beats by $0.3M

• BlackLine press release ( NASDAQ: BL ): Q4 Non-GAAP EPS of $0.35 beats by $0.18 .
• Revenue of $139.96M (+21.4% Y/Y) beats by $0.3M .
• Operating cash flow of $25.8 million, an increase of 16% compared to the fourth quarter of 2021.
• Free cash flow of $20.3 million, an increase of 32% compared to the fourth quarter of 2021.
• Added 128 net new customers in the fourth quarter for a total of 4,188 customers at December 31, 2022.
• Expanded the company’s user base to 366,522 at December 31, 2022.
• Achieved a dollar-based net revenue retention rate of 107% at December 31, 2022
• Q1 2023 Outlook: Total GAAP revenue is expected to be in the range of $137 million to $139 million.
• Non-GAAP net income attributable to BlackLine is expected to be in the range of $11 million to $13 million, or $0.15 to $0.17 per share on 74.6 million diluted weighted average shares outstanding.
• 2023 Outlook: Total GAAP revenue is expected to be in the range of $586 million to $596 million.
• Non-GAAP net income attributable to BlackLine is expected to be in the range of $66 million to $70 million, or $0.89 to $0.94 per share on 74.4 million diluted weighted average shares outstanding.

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