earnings
confidence high
sentiment positive
materiality 0.80
BlackLine Q2 revenue $160.5M, +11% YoY; non-GAAP EPS $0.58 beats expectations
BLACKLINE, INC.
2024-Q2 EPS reported
$0.39
revenue$317,967,000
- Total GAAP revenue $160.5M, +11% YoY; non-GAAP operating margin 19.8% vs 13.4% a year ago.
- GAAP net income $76.7M ($0.22 diluted EPS) vs $30.8M ($0.45) prior year; non-GAAP net income $42.9M ($0.58) vs $30.7M ($0.41).
- Free cash flow $34.4M, up from $18.0M in Q2 2023.
- Added 24 net new customers; total 4,435; dollar-based net revenue retention 104%.
- Repaid $250M 2024 convertible notes; issued $675M 2029 notes and repaid $919.8M of 2026 notes.