BlackLine (BL): Q4 Results Beat Estimates, EPS 63c, Revenue $183.2M

BlackLine, Inc. (BL) reported fourth-quarter adjusted earnings of 63 cents per share, up from 8 cents in raw results, and revenue of $183.2 million, both beating analyst expectations. Year-over-year profit was $24.5 million, or 39 cents per share, and revenue reached $700.4 million. For Q1 ending March, the company expects EPS of 44–46 cents and revenue of $180–$182 million, with full-year guidance of $2.37–$2.48 per share and revenue $764–$768 million. The stock closed at $44.33, down 20% year-to-date and 31% in the last 12 months.