earnings
confidence high
sentiment positive
materiality 0.75
BlackLine Q1 revenue $157.5M (+13% YoY); GAAP EPS $0.17, non-GAAP EPS $0.54
BLACKLINE, INC.
2024-Q1 EPS reported
$0.17
revenue$157,461,000
- GAAP revenue $157.5M, up 13% YoY. Non-GAAP operating margin 17.0% vs 11.2% a year ago.
- GAAP net income $10.8M ($0.17 diluted EPS) vs net loss of $12.0M ($0.20 loss) in Q1 2023.
- Non-GAAP net income $40.1M ($0.54 diluted EPS) vs $25.1M ($0.34) in prior year quarter.
- Operating cash flow $50.4M; free cash flow $43.7M, both more than double prior year.
- Net customer additions of 13 to 4,411 total; dollar-based net revenue retention rate 105%.