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An update from BlackLine ( (BL) ) is now available.
BlackLine announced the retirement of its Chief Revenue Officer, Mark Woodhams, effective June 2, 2025, with Stuart Van Houten stepping in as the new Chief Commercial Officer starting February 17, 2025. Van Houten, bringing extensive experience from SAP, is expected to drive growth and deepen strategic partnerships, particularly with SAP, enhancing BlackLine’s market position. Additionally, BlackLine anticipates its fourth quarter and full-year 2024 revenue to meet or slightly exceed its guidance, reaffirming its non-GAAP operating margin expectations, indicating a strong financial performance.
More about BlackLine
BlackLine is a Nasdaq-listed company that provides a future-ready platform focused on digital finance transformation for the Office of the CFO. It specializes in financial operations, offering solutions for processes like record-to-report and invoice-to-cash, enabling data accuracy, streamlined processes, and real-time insights through automation and AI. BlackLine serves over 4,400 customers across various industries, emphasizing continuous transformation and sustained value.
YTD Price Performance: -7.74%
Average Trading Volume: 611,930
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.48B
For an in-depth examination of BL stock, go to TipRanks’ Stock Analysis page.
