BlackLine Beat Expectations

BlackLine (BL) reported earnings of $0.55 per share on revenue of $166.93 million for the first quarter ended March 2025. The consensus earnings estimate was $0.38 per share on revenue of $166.86 million. The Earnings Whisper number was $0.40 per share. The company beat expectations by 37.50% while revenue grew 6.01% on a year-over-year basis.

The company said it expects second quarter non-GAAP earnings of $0.51 to $0.53 per share on revenue of $170.0 million to $172.0 million. The current consensus earnings estimate is $0.50 per share on revenue of $171.16 million for the quarter ending June 30, 2025. The company said it expects 2025 non-GAAP earnings of $2.12 to $2.22 per share on revenue of $692.0 million to $705.0 million. The company's previous guidance was earnings of $1.97 to $2.10 per share on revenue of $699.0 million to $705.0 million, and the current consensus earnings estimate is $2.02 per share on revenue of $700.05 million for the year ending December 31, 2025.

BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.