BL News and Press, BlackLine Inc. From 07/18/22

BlackLine ( NASDAQ: BL ) fell 2.9% in premarket trading after it was cut to underperform from neutral at BofA given the company's premium multiple to its peers and M&A premium speculation likely already in the valuation. BlackLine's premium valuation "is pricing in...

BlackLine ( NASDAQ: BL ) rose 3% on speculation that the financial and accounting software company is speculated to be a takeover target. BlackLine is speculated to have received some interest from a private equity firm, according to a Betaville "uncooked" alert, which cit...

LOS ANGELES, July 14, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2022 after market close on Thursday, August 4, 2022 followed by a conference call hosted by management ...

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 co...

Polen Capital is a high-conviction growth investment manager. We scour the globe in search of the highest quality, sustainable companies to invest in. Over the first quarter of 2022, Polen Global SMID Company Growth Composite Portfolio returned -22.37% gross and -22.48% net of fees, r...

Investors bailed out of tech and growth stocks even as tech insiders added more. Insider buying on the XLK ETF has surged to the highest in the last ten years. We discuss why the bottoming in tech and growth stocks could be forming. Subsequently, we believe the outperformance in growt...

BlackLine Wins TrustRadius Top Rated 2022 Awards for Accounting, Financial Close and Accounts Receivable Automation Canada NewsWire Accounting automation software leader recognized for convenience of centralized platform and outstanding customer support, as rated by it...

Shares of BlackLine have continued to plunge to YTD lows, and are now down more than 40% year to date. The company just released strong Q1 results that featured a beat and raise, as well as accelerating revenue growth. Investments in headcount and public cloud infrastructure have ...

BlackLine, Inc. (BL) Q1 2022 Earnings Conference Call May 5, 2022 05:00 PM ET Company Participants Barry Hutton - Managing Director, Investor Relations, The Blueshirt Group Marc Huffman - Chief Executive Officer Mark Partin - Chief Financial Officer Conference Call Participants Koji Ikeda - B...

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&#x...