secwatch.observer — SEC 8-K summary
======================================

Issuer:     BLACKLINE, INC. (BL)
CIK:        0001666134
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001171843-24-004481
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackLine Q2 revenue $160.5M, +11% YoY; non-GAAP EPS $0.58 beats expectations
-----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666134/000117184324004481/0001171843-24-004481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666134/000117184324004481/f8k_080624.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004481

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