BL - BlackLine Non-GAAP EPS of $0.41 beats by $0.12 revenue of $144.6M beats by $0.65M

2023-08-08 16:13:41 ET

• BlackLine press release ( NASDAQ: BL ): Q2 Non-GAAP EPS of $0.41 beats by $0.12 .
• Revenue of $144.6M (+12.5% Y/Y) beats by $0.65M .

• Financial Outlook

  Third Quarter 2023

  • Total GAAP revenue is expected to be in the range of $149 million to $151 million, vs. consensus of $150.62M.
  • Non-GAAP net income attributable to BlackLine is expected to be in the range of $24 million to $26 million, or $0.32 to $0.35 per share, vs. consensus of $0.30, on 74.5 million diluted weighted average shares outstanding.

  Full Year 2023

  • Total GAAP revenue is expected to be in the range of $586 million to $591 million, vs. consensus of $591.28M
  • Non-GAAP net income attributable to BlackLine is expected to be in the range of $108 million to $112 million, or $1.45 to $1.51 per share, vs. consensus of $1.27, on 74.4 million diluted weighted average shares outstanding.

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