secwatch.observer — SEC 8-K summary
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Issuer:     BLACKLINE, INC. (BL)
CIK:        0001666134
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001171843-22-003331
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackLine beats Q1 expectations: revenue $120.2M (+22% YoY), GAAP loss -$0.17/sh
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666134/000117184322003331/0001171843-22-003331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666134/000117184322003331/f8k_050522.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-003331

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer