NASDAQ$BL

BlackLine Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported solid financial performance driven by broad-based demand and strong execution.

BlackLine announced its Q3 2021 financial results, highlighting continued momentum driven by broad-based demand for its solutions and strong execution.

  • Momentum continued in Q3 driven by broad-based demand.
  • Companies are emerging from the pandemic with a greater sense of urgency to upgrade outdated back-office systems.
  • Companies are looking to improve their financial processes.
  • Believes this is the beginning of the next large and enduring investment cycle in financial and accounting systems.

Headline financials

Total Revenue

$109M

Previous: $90.2M+21.3%
EPS (adj)

$0.24

Previous: $0.25-4.0%
Capital Expenditures

-$5.2M

Previous: -$2.52M-106.6%
Free Cash Flow

-$18.9M

Previous: -$11.3M-68.1%
Net Income

-$13.7M

Previous: -$8.75M-57.0%
Operating Income

$5.95M

Previous: -$2.04M+392.3%
Gross Profit

$85M

Previous: $73.2M+16.1%
Cash & Equivalents

$379M

Previous: $408M-7.1%
Total Assets

$1.75B

Previous: $1.05B+67.2%
Stock-Based Comp

$16.9M

Previous: $13.3M+27.0%

Revenue & EPS history

BlackLine · Revenue · Quarterly

$109M

Q3 2021+21.3%vs Q3 2020
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Forward guidance

BlackLine provided guidance for Q4 2021 and full year 2021, but the specific details were not included in the provided text.

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 Q3 2021

Historical avgQ3 2021

-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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