earnings
confidence high
sentiment negative
materiality 0.50
BlackLine Q2 2022 revenue $128.5M (+26% YoY); GAAP loss $10.7M, non-GAAP net income $5M
BLACKLINE, INC.
2022-Q2 EPS reported
-$0.35
revenue$248,713,000
- Total GAAP revenue $128.5M, up 26% YoY; GAAP net loss $10.7M ($0.18 loss per share).
- Non-GAAP net income $5.0M ($0.07 per share), down from $9.6M in Q2 2021.
- Operating cash flow $5.9M vs $12.4M a year ago; free cash flow negative $5.1M vs positive $8.0M.
- Added 106 net new customers, total 4,003; dollar-based net revenue retention rate 110%.
- User base expanded to 347,932; won TrustRadius Top Rated 2022 awards.