BlackLine (NASDAQ:BL) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
BlackLine beat estimated earnings by 112.5%, reporting an EPS of $0.01 versus an estimate of $-0.08.
Revenue was up $21.38 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 15.8% drop in the share price the next day.
Here's a look at BlackLine's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.11 | 0.08 | 0.05 |
| EPS Actual | 0.08 | 0.24 | 0.15 | 0.11 |
| Revenue Estimate | 113.60M | 107.03M | 101.06M | 96.09M |
| Revenue Actual | 115.33M | 109.40M | 102.12M | 98.86M |
To track all earnings releases for BlackLine visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
