BlackLine, Inc.


SKU: BL-1 Category:


BlackLine managed to exceed the revenue expectations as well as the earnings expectations of Wall Street, achieving $151 million in total revenue and $38 million in non-GAAP net income. An impressive 71% of sales were generated from existing customers, showcasing strong performance in the mid-market and successful sell-through of accounts receivable automation solutions. Significant progress has been made in execution, with notable improvements in sales force productivity and efficiency. Go-to-market efforts, especially in the mid-market segment, saw better-than-expected performance, securing new partnerships with companies like Precisely and First Bank Richmond. The management is actively unifying BlackLine’s global message, which is evident in the increased attendance at the BeyondTheBlack Conference. New solutions, including the acquisition of Data Interconnect, are aligned to become the preferred accounting and finance platform for the CFO’s office. Collaboration with partners, including global consulting firms and managed service providers, is deepening, resulting in notable success in accounts receivable deals. Deal activity highlights successful wins across enterprise and mid-market sectors, showcasing competitive takeaways and strategic collaborations. Notable achievements include displacing legacy incumbents, expanding relationships with key partners like WEX, and securing multiproduct deals with large global customers.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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