Blackline Inc Stock Price, News & Analysis

BlackLine (Nasdaq: BL) has appointed Sam Balaji, former CEO of Deloitte Consulting, to its Board of Directors effective June 13, 2025. Balaji brings over 30 years of global leadership experience in technology business scaling, with expertise in enterprise software, AI, cybersecurity, and global go-to-market strategies. During his 28-year tenure at Deloitte, he led strategic investments in Cloud, AI, and Cyber, managed over 100 M&A transactions, and established partnerships with tech companies. BlackLine's Co-CEOs Owen Ryan and Therese Tucker praised Balaji's expertise in scaling businesses and creating value for customers, viewing his appointment as strategic for BlackLine's platform expansion and partnership development.

BlackLine (BL) is expanding its BeyondTheBlack finance transformation event in Europe with two key events in June 2025. The event returns to London on June 17 at De Vere Grand Connaught Rooms, featuring presentations from AstraZeneca, Hitachi, Kier Group, and The LEGO Group. The conference will make its French debut on June 19 at the Cloud Business Center in Paris, with sessions from Hilti, Renault, and Savencia. Both events will showcase BlackLine's AI-powered automation and platform innovation, including the Studio360 platform, offering attendees opportunities to explore financial operations modernization through executive keynotes, live demos, customer transformation stories, and networking with finance leaders.

BlackLine (Nasdaq: BL), a platform provider for digital finance transformation, has announced its participation in three upcoming investor conferences in June 2025:

• Baird Global Consumer, Technology & Services Conference on June 3 in New York (2:00 PM ET)
• William Blair Growth Stock Conference on June 4 in Chicago (10:40 AM CT)
• BMO Virtual Software Conference on June 10 (12:15 PM ET)

The company, which serves over 4,400 customers across multiple industries with its financial operations platform, will make presentation webcasts available on its investor relations website where possible.

BlackLine (BL) reported Q1 2025 financial results with total GAAP revenues of $166.9M, up 6% year-over-year. The company achieved a GAAP operating margin of 2.1% and a non-GAAP operating margin of 20.9%. GAAP net income was $6.1M ($0.10 per share), while non-GAAP net income reached $36.3M ($0.49 per share). Key metrics include billings of $159M (9% increase), serving 4,455 customers with 393,892 users. The company maintained a dollar-based net revenue retention rate of 104%. BlackLine repurchased 0.9M shares for $45.5M, with $154.5M remaining in buyback capacity. For Q2 2025, BlackLine expects revenue between $170-172M, and for full-year 2025, projects revenue of $692-705M with non-GAAP operating margins of 21.5-22.5%.

BlackLine (Nasdaq: BL) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, after market close. The company will host a conference call with management at 2:00 p.m. PT / 5:00 p.m. ET on the same day.

Investors can access the live webcast and replay through BlackLine's investor relations website. Conference call participation requires pre-registration, and participants are advised to dial in fifteen minutes before the scheduled start time to avoid delays.

BlackLine (Nasdaq: BL) has been recognized in Forrester's Report on Top AI Use Cases for Accounts Receivable Automation in 2025, highlighting the company's capabilities in three key areas: Collection Management, Explainability and Transparency, and Model Bias and Inaccuracy.

The report emphasizes BlackLine's approach to training AI models with diverse data sets and continuous monitoring of prediction accuracy through human reviews. The company's AR Intelligence solution is specifically noted for its ability to forecast invoice payments and provide transparent AI outputs through visualizations and dashboards.

BlackLine's technology aims to help organizations reduce days sales outstanding (DSO), improve working capital performance, and increase cash forecasting accuracy while maintaining transparency in AI-generated insights. The company's future focus includes automating preparer and collector roles while enhancing reviewer and approver functions.

BlackLine (Nasdaq: BL) has announced its 2024 Global and Regional Partner Awards, recognizing excellence in digital finance transformation. The company introduced two new award categories: Growth Accelerator and Innovation, highlighting partners' contributions to customer growth and digital finance innovation.

Key winners include:

• EY as Global Consulting Alliance Partner of the Year
• Genpact as Global BPO Partner of the Year
• Deloitte winning multiple regional awards across Americas, EMEA North, and APAC
• Kyriba as Software & Cloud Partner of the Year

The awards span various categories including Regional Consulting Alliances, Solution Providers, Mid-Market Segment Partners, and new specialized solutions for Invoice-to-Cash, Intercompany, and SAP Solution Extensions. Michael Otto, SVP of Global Alliances & Channels, emphasized partners' important role in modernizing finance and accounting functions for efficiency, accuracy, and compliance.

BlackLine (Nasdaq: BL) has announced a cooperation agreement with Scalar Gauge Fund to appoint Scott Davidson as a new independent member to its Board of Directors. Davidson, who will join as a Class I Director with a term expiring at the Company's 2026 Annual Meeting, brings over 25 years of experience in strategy, financial management, acquisitions, and sales & marketing in software companies.

Davidson's appointment, scheduled no later than March 14, 2025, marks the sixth new director addition since 2023. His background includes serving as Chief Operating Officer at Alteryx, where he led digital transformation, cloud transition, and M&A strategy, and as CFO and COO at Hortonworks, providing valuable SaaS expertise.

The agreement includes customary standstill provisions and voting commitments from Scalar Gauge Fund during the term of the agreement.

BlackLine (Nasdaq: BL) has announced its participation in two major upcoming investor conferences in San Francisco this March. The company will present at:

• The Citizens JMP Technology Conference on March 4, 2025, at 2:00 PM PT
• Morgan Stanley Technology, Media & Telecom Conference on March 5, 2025, at 1:50 PM PT

Both presentations will be accessible via webcasts through BlackLine's investor relations website. BlackLine positions itself as the intelligent financial data platform powering the modern Office of the CFO, serving as the central nervous system for financial data by connecting systems, automating workflows, and orchestrating financial information across enterprises.