earnings
confidence high
sentiment positive
materiality 0.75
BlackLine Q2 beats: revenue $187.8M, non-GAAP EPS $0.61, RPO $1.1B, buyback +$100M
BLACKLINE, INC.
- GAAP revenue $187.8M (+9.2% YoY); GAAP net income $16.5M ($0.27 diluted) vs $8.3M ($0.13) YoY.
- Non-GAAP net income $42.9M ($0.61 diluted) vs $37.9M ($0.51) YoY; non-GAAP operating margin 23.3% vs 22.1%.
- Billings $193.0M (+5.9% YoY); remaining performance obligation $1.1B (+16.8% YoY).
- Operating cash flow $45.0M, free cash flow $36.5M; repurchased 1.2M shares for $37.7M.
- Announced $100M increase to stock buyback program; Verity Prepare agentic reconciliations agent GA in July.