BL - BlackLine Q1 results beat estimates co raises FY 2023 adj. EPS guidance
2023-05-04 16:12:55 ET
- BlackLine press release ( NASDAQ: BL ): Q1 Non-GAAP EPS of $0.34 beats by $0.18 .
- Revenue of $138.98M (+15.6% Y/Y) beats by $0.78M .
- Q2 total GAAP revenue is expected to be in the range of $143 million to $145 million. The Q2 revenue estimate is $144.38M.
- Sees Q2 adj. EPS of $0.27 to $0.29. The Q2 EPS estimate is $0.19.
- FY 2023 total GAAP revenue is expected to be in the range of $586 million to $596 million. BL had guided FY 2023 revenue of $586 million to $596 million. The consensus estimate is $591.07M.
- Sees FY 2023 adj. EPS of $1.23 to $1.29. BL had guided FY 2023 adj. EPS of $0.89 to $0.94. The consensus estimate is $0.92.
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BlackLine Q1 results beat estimates, co raises FY 2023 adj. EPS guidance