Blackline Inc is a leading provider of cloud-based financial automation solutions designed to streamline and enhance the financial close process for organizations
The company offers a suite of tools that help businesses automate their accounting and finance operations, manage compliance, and improve visibility into their financial data. By leveraging advanced technology, Blackline's software aims to reduce manual tasks, minimize errors, and facilitate better decision-making for finance teams, ultimately driving efficiency and accuracy in financial reporting and operations.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Global Business Travel (NYSEGBTG) and its peers.
BlackLine has had an impressive run over the past six months as its shares have beaten the S&P 500 by 18.9%. The stock now trades at $61.53, marking a 28.6% gain. This performance may have investors wondering how to approach the situation.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at finance and HR software stocks, starting with Zuora (NYSEZUO).
Let’s dig into the relative performance of BlackLine (NASDAQBL) and its peers as we unravel the now-completed Q3 finance and HR software earnings season.
Elliott Investment Management was busy in the third quarter. According to a new 13-F filing with the SEC, the activist made several portfolio moves, with multiple new positions focused around travel and lodging.
Accounting automation software maker Blackline (NASDAQBL) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 10.1% year on year to $165.9 million. The company expects next quarter’s revenue to be around $168 million, close to analysts’ estimates. Its non-GAAP profit of $0.60 per share was also 16.2% above analysts’ consensus estimates.
SAP's Q3 results beat expectations, with strong cloud ERP growth. The company reaffirmed Ambition 2025 targets. Analysts have positive outlook with higher price targets.
