BlackLine reports Q4 EPS 47c, consensus 50c

Reports Q4 revenue $169.46M, consensus $168.37M. “We believe our recent user conference and accelerating innovation are creating momentum for BlackLine (BL),” said Owen Ryan, co-CEO of BlackLine. “We’re making progress on our key Investor Day initiatives, including the rollout of Studio360, advancement of our public sector opportunity, and expansion of our industry-specific strategy. While we recognize the work ahead to achieve our full vision, our strategic investments are building a solid foundation for future growth.”