Brief: Blackline Q2 EPS USD 0.13

BlackLine

05/08/2025 21:05

Overview

BlackLine Q2 GAAP revenue rises 7%, beating analyst expectations, per LSEG data

Non-GAAP operating margin improves to 22.1%, driven by strategic initiatives

Co repurchased 0.8 mln shares for $43.3 mln, $111.2 mln buyback capacity remains

Outlook

BlackLine expects Q3 revenue between $177 mln and $179 mln

Company anticipates Q3 non-GAAP operating margin of 20% to 21%

BlackLine sees full-year revenue between $696 mln and $705 mln

Company projects full-year non-GAAP net income of $159 mln to $167 mln

Result Drivers

STUDIO360 PLATFORM - Delivery of Studio360 platform contributed to Q2 performance, per Co-CEO Owen Ryan

PRICING STRATEGY - Adoption of new pricing strategy supported revenue growth, according to Co-CEO Owen Ryan

PARTNER NETWORK - Enhanced partner network played a key role in driving qtr performance, says Co-CEO Owen Ryan

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$172.02 mln
$170.80 mln (13 Analysts)
Q2 EPS
$0.13
Q2 Net Income
$7.39 mln
Q2 Gross Profit
$129.40 mln
Q2 Operating Expenses
$121.86 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for BlackLine Inc is $58.00, about 7.8% above its August 4 closing price of $53.50

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nGNX1NHDJ7

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)