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BL - BlackLine: Strong Results Reinforce Bullish Long-Term View
June, 03 2022 06:22 PM
BlackLine Inc.
BlackLine recently reported strong Q1 results with revenue and non-GAAP EPS ahead of expectations. FY22 revenue guidance was raised to 23-24% yoy despite a challenged macro-economic environment and fears around recession. Valuation is attractive at 6x FY24 revenue for a company consistently growing revenue 20%+ and long-term operating margins of 20%+. For further details see:
BlackLine: Strong Results Reinforce Bullish Long-Term View
Stock Information
Company Name:
BlackLine Inc.
Stock Symbol:
BL
Market:
NASDAQ
Website:
blackline.com
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