Welcome to our dedicated page for Blackline news (Ticker: BL), a resource for investors and traders seeking the latest updates and insights on Blackline stock.
BlackLine, Inc. reports developments in cloud-based financial close and accounting automation for the Office of the CFO. The company’s news commonly covers quarterly results, revenue growth, billings, operating margin, customer adoption, and platform strategy across financial close, intercompany accounting, invoice-to-cash, and related finance operations.
Company updates also focus on the Studio360 platform, Verity embedded auditable AI capabilities, and BlackLine’s Agentic Financial Operations model for governance and trust in AI-enabled finance. Other recurring themes include investor events, stock repurchase activity, board composition, stockholder engagement, and leadership or founder-related governance updates.
BlackLine (Nasdaq: BL) has announced it will release its fourth quarter and full year 2024 financial results after market close on Tuesday, February 11, 2025. The announcement will be followed by a conference call with management at 2:00 p.m. PT / 5:00 p.m. ET. Investors can access the live webcast and replay through BlackLine's investor relations website. Pre-registration is required for phone participation, and participants are encouraged to dial in fifteen minutes before the scheduled start time to avoid delays.
BlackLine (BL) has appointed Stuart Van Houten as Chief Commercial Officer, effective February 17, 2025. He will lead the company's global sales organization and revenue operations, succeeding retiring Chief Revenue Officer Mark Woodhams. Van Houten brings over 20 years of sales leadership experience, notably from SAP where he doubled revenue as Chief Revenue Officer of North American Intelligent Spend Management division.
The company expects Q4 and full-year 2024 revenue to meet or exceed the high end of guidance: Q4 revenue of $167-169 million with non-GAAP operating margin of 18.0-19.0%, and full-year revenue of $651.0-653.0 million with operating margin of 19.4-19.6%. These figures are preliminary and subject to final review.
BlackLine (NASDAQ: BL) has been named a Leader in the 2024 IDC MarketScape for Worldwide Accounts Receivable Automation Applications for the Enterprise. The recognition highlights BlackLine's comprehensive platform and customer-centric innovation in automating Accounts Receivable processes.
The IDC MarketScape report emphasizes BlackLine's unified and scalable platform, which offers seamlessly integrated invoice-to-cash modules, enabling real-time data sharing and enhanced collaboration. The platform's capabilities include process acceleration, elimination of duplicate work, and removal of silos between teams.
According to Kevin Permenter, IDC's senior research director, BlackLine demonstrates a deep understanding of CFO office challenges and shows commitment to innovation. The report recommends BlackLine for organizations seeking a unified platform supporting end-to-end AR processes with simple configurability and self-serviced functionality.
BlackLine (Nasdaq: BL) has announced its participation in the upcoming Wells Fargo 8th Annual TMT Summit. The company's management team will deliver a presentation on Tuesday, December 3, 2024, at 10:15 AM PT in Los Angeles, California. Interested parties can access the webcast through BlackLine's investor relations website at investors.blackline.com.
BlackLine (Nasdaq: BL) has launched Studio360 Platform, a comprehensive financial operations solution for the Office of the CFO. The platform consists of five key components: Integrate, Orchestrate, Visualize, Blueprint, and Control, designed to unify financial operations at scale and deliver real-time insights. Through a strategic partnership with Snowflake, Studio360 offers enhanced data capabilities, including improved scalability, security, and speed. The ERP-agnostic platform features AI-powered insights, process automation, and comprehensive data management tools to streamline financial operations and enable informed decision-making.
BlackLine (Nasdaq: BL) has been awarded the Most Innovative FinTech Solution at the 2024 Tech Ascension Awards, recognizing its excellence in delivering cutting-edge solutions for Finance and Accounting teams. The company's commitment to digital finance transformation was highlighted through innovations like the Journals Risk Analyser, launched in early 2024, which leverages generative AI for detecting anomalies in journal entries.
The recognition comes as BlackLine prepares for its annual North American user conference, BeyondTheBlack, in Orlando, FL. The award validates BlackLine's strategic focus on developing flexible, scalable solutions that enable CFOs to adapt to changing business landscapes while maintaining efficient financial operations.
BlackLine (Nasdaq: BL) has appointed Philippe Omer Decugis as Senior Vice President and General Manager for Europe. With over 20 years of experience in technology and financial services, including positions at Salesforce and SAP, Philippe will lead BlackLine's European operations. His role will focus on accelerating growth, fostering innovation, and enhancing customer success throughout the region. The appointment aligns with BlackLine's global expansion strategy, where Philippe will oversee strategic initiatives, strengthen partner relationships, and drive the adoption of BlackLine's solutions in Europe.
BlackLine (Nasdaq: BL) has announced it will host its Investor Day on November 19th, 2024, in Orlando, FL at 1:00pm ET. The event will include presentations from senior executives covering company strategy, innovation, and financial updates. The event will be accessible via live webcast and replay through BlackLine's investor relations website.
BlackLine (Nasdaq: BL) has announced its 2024 Modern Accounting Award winners, recognizing organizations that have transformed their finance and accounting practices. The winners include ExxonMobil (The Accelerator), Gonzaga University (The Achiever), Sound Community Bank (The Closer), Red Wing Shoes (The Modernizer), Treasury Wine Estates (The Pioneer), Aimbridge Hospitality (The Transformer), and Delaware North (The Unifier).
Notable achievements include Aimbridge Hospitality's automation of 25,000 monthly journals saving over 25,000 annual labor hours, and Sound Community Bank's successful implementation of BlackLine's Matching solution. Winners will be honored at the BeyondTheBlack™ conference in Orlando, Florida, from November 18-20, 2024.
BlackLine (BL) has announced its 2024 Modern Accounting Award winners, recognizing organizations that have transformed their finance and accounting practices using BlackLine's solutions. The winners include ExxonMobil for rapid implementation, Gonzaga University for innovative solution adoption, Sound Community Bank for financial close excellence, Red Wing Shoes for comprehensive process improvements, Treasury Wine Estates for APAC region leadership, Ambridge Hospitality for automation achievements saving 25,000 annual labor hours, and Delaware North for finance transformation success.
Winners will be honored at BlackLine's annual BeyondTheBlack™ conference in Orlando, Florida, from November 18-20, 2024.