NASDAQ$BL

BlackLine Inc. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

BlackLine reported solid financial results driven by healthy customer demand for finance and accounting solutions.

BlackLine announced solid financial results for the third quarter ended September 30, 2022, with customer demand for finance and accounting solutions remaining healthy.

  • BlackLine reported solid financial results this quarter.
  • Customer demand for finance and accounting solutions that drive efficiency and automation remained healthy.
  • Customers are seeking ways to operate successfully in today’s market.
  • BlackLine's solutions have become more relevant than ever.

Headline financials

Total Revenue

$134M

Previous: $109M+22.7%
EPS (adj)

$0.21

Previous: $0.24-12.5%
Capital Expenditures

-$9.74M

Previous: -$5.2M-87.5%
Free Cash Flow

-$29.8M

Previous: -$18.9M-57.1%
Net Income

-$20M

Previous: -$13.7M-45.7%
Operating Income

-$21.4M

Previous: $5.95M-459.9%
Gross Profit

$102M

Previous: $85M+19.9%
Cash & Equivalents

$191M

Previous: $379M-49.7%
Total Assets

$1.88B

Previous: $1.75B+7.3%
Stock-Based Comp

$20.9M

Previous: $16.9M+23.4%

Revenue & EPS history

BlackLine · Revenue · Quarterly

$134M

Q3 2022+22.7%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

BlackLine provided guidance for the fourth quarter and full year 2022, but 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 2022

Historical avgQ3 2022

-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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