Blackline Inc. (BL) Tops Q2 EPS by 9c

Blackline Inc. (NASDAQ: BL) reported Q2 EPS of $0.20, $0.09 better than the analyst estimate of $0.11. Revenue for the quarter came in at $83.3 million versus the consensus estimate of $81 million.

Therese Tucker, Founder and CEO, commented, “We posted better than expected Q2 results as the demand environment improved in the quarter and companies around the globe once again began to prioritize mission critical initiatives. BlackLine’s solutions are helping customers navigate the challenges of managing traditionally manual processes in a virtual world. We are pleased many are taking advantage of our outreach programs spanning education, training and development to coaching sessions with subject matter experts. As COVID continues to create challenges for companies around the globe, we believe we are in a unique position to guide finance leaders through the investment in automation and transformation to best prepare their organizations for the future of work with changes that will outlast the pandemic.”

For earnings history and earnings-related data on Blackline Inc. (BL) click here.

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