BlackLine Announces Fourth Quarter and Full Year Financial Results
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Blackline Inc. (BL) Tops Q4 EPS by 13c, Revenues Beat; Offers 1Q & FY21 EPS Guidance Below Consensus, Provides 1Q & FY21 Revenue Outlook
February 11, 2021 4:32 PM ESTBlackline Inc. (NASDAQ: BL) reported Q4 EPS of $0.21, $0.13 better than the analyst estimate of $0.08. Revenue for the quarter came in at $95.7 million versus the consensus estimate of $91.6 million.
Fourth Quarter 2020 Financial Highlights
Total GAAP revenues of $95.7 million for the fourth quarter of 2020, an increase of 19% compared to the fourth quarter of 2019.GAAP net loss attributable to BlackLine of $17.0 million, or $0.30 per share, on 57.5 million weighted average shares outstanding, which compares to a GAAP net loss attributable to BlackLine of $9.2 million in the fourth quarter of 2019.Non-GAAP net income... More