NASDAQ$BL

BlackLine Inc. · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

BlackLine's Q2 results exceeded expectations as demand improved and companies prioritized mission-critical initiatives.

BlackLine announced better than expected Q2 results as the demand environment improved in the quarter. BlackLine's solutions are helping customers navigate the challenges of managing traditionally manual processes in a virtual world.

  • Posted better than expected Q2 results.
  • Demand environment improved in the quarter.
  • Companies once again began to prioritize mission critical initiatives.
  • Solutions are helping customers navigate the challenges of managing traditionally manual processes in a virtual world.

Headline financials

Total Revenue

$83.3M

Previous: $69.7M+19.5%
EPS (adj)

$0.20

Previous: $0.10+100.0%
Capital Expenditures

-$2.22M

Previous: -$1.99M-11.8%
Free Cash Flow

-$10.6M

Previous: -$7.21M-46.3%
Net Income

-$8.33M

Previous: -$5.23M-59.5%
Operating Income

-$3.33M

Previous: -$5.98M+44.4%
Gross Profit

$66.5M

Previous: $54.7M+21.6%
Cash & Equivalents

$472M

Previous: $63.3M+645.6%
Total Assets

$1.03B

Previous: $524M+97.4%
Stock-Based Comp

$12.6M

Previous: $8.01M+57.5%

Revenue & EPS history

BlackLine · Revenue · Quarterly

$83.3M

Q2 2020+19.5%vs Q2 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

Guidance for non-GAAP net income attributable to BlackLine and net income attributable to BlackLine per share does not include the impact of certain items. Reconciliations of non-GAAP net income attributable to BlackLine and net income attributable to BlackLine per share guidance to the most directly comparable U.S. GAAP measures are not available on a forward-looking basis.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

-0.4%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+1.7%

Avg return

30 days after

49%

20 / 41 earnings

Positive

+25.6%

Q2 2019

Best reaction

-18.4%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.7%-15.0%-11.4%
Q4 2025-5.5%-12.9%-16.8%
Q3 2025-5.7%-1.3%+2.1%
Q1 2025+8.5%+17.7%+22.9%
Q4 2024-18.1%-19.0%-21.3%
Q3 2024+3.0%+4.3%+9.6%
Q2 2024+12.8%+18.1%+10.5%
Q1 2024-2.0%-4.1%-22.4%
Q4 2023-3.7%-5.3%+9.3%
Q3 2023+14.8%+12.7%+24.8%
Q2 2023-10.0%-4.2%+3.9%
Q1 2023+4.0%+3.4%+6.8%
Q4 2022+1.3%-1.8%-9.4%
Q3 2022+12.3%+7.3%+30.7%
Q2 2022+0.5%-2.3%-1.9%
Q1 2022-10.2%-20.8%+11.7%
Q4 2021-16.7%-14.1%-26.9%
Q3 2021+1.8%+3.4%-18.6%
Q2 2021-0.5%-2.7%+2.3%
Q1 2021+0.0%-1.2%-5.5%
Q4 2020-9.8%-13.0%-23.7%
Q3 2020+6.0%+9.7%+30.6%
Q2 2020-14.6%-21.8%-12.2%
Q1 2020+0.3%+2.6%+24.9%
Q4 2019+4.9%+7.2%-16.3%
Q3 2019+5.3%+5.1%+9.9%
Q2 2019+25.6%+19.4%+14.2%
Q1 2019-3.6%-7.3%-0.4%
Q4 2018+6.3%+5.9%-1.9%
Q3 2018-8.3%-11.3%-7.6%
Q2 2018+8.8%+13.3%+21.9%
Q1 2018-2.8%-3.6%+1.5%
Q4 2017+16.5%+21.6%+20.6%
Q3 2017-2.7%-1.8%+2.5%
Q2 2016-2.1%-2.3%+6.9%
Q2 2017-18.4%-18.6%-17.7%
Q1 2016-1.4%-1.0%+4.2%
Q1 2017+2.6%-2.6%+9.0%
Q4 2016+3.2%-1.6%-0.5%
Q4 2015-2.8%-2.8%+3.6%
Q3 2016-5.3%-5.0%-2.4%
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014

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