earnings
confidence high
sentiment positive
materiality 0.70
BlackLine beats Q1 expectations: revenue $120.2M (+22% YoY), GAAP loss -$0.17/sh
BLACKLINE, INC.
2022-Q1 EPS reported
-$0.17
revenue$120,236,000
- Total GAAP revenue $120.2M, up 22% YoY; GAAP net loss $10.0M ($0.17/sh) vs $39.0M loss last year.
- Non-GAAP net income $0.7M ($0.01 diluted EPS); down from $7.1M in Q1 2021.
- Operating cash flow $1.5M, free cash flow -$4.7M, both sharply down from $28.5M and $23.2M.
- Added 72 net new customers (total 3,897); dollar-based net revenue retention 110%.
- User base grew to 337,939; won SAP Partner Excellence awards and G2 rankings.