NASDAQ$BL

BlackLine Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

BlackLine reported solid financial results and continued to deliver against goal of driving profitable growth.

BlackLine announced financial results for the fourth quarter and full year ended December 31, 2022. The company reported solid financial results and remains confident in its long-term strategy, market leadership and competitive positioning.

  • BlackLine announced financial results for the fourth quarter and full year ended December 31, 2022.
  • Company reported solid financial results this quarter.
  • BlackLine announced innovative new solutions and expanded programs to support customers.
  • Company remains confident in its long-term strategy, market leadership and competitive positioning.

Headline financials

Total Revenue

$140M

Previous: $115M+21.4%
EPS (adj)

$0.35

Previous: $0.08+337.5%
Number of customers

4.1K

Previous: 3.8K+7.9%
Capital Expenditures

$1.23M

Previous: $3.53M-65.1%
Free Cash Flow

$24.5M

Previous: $18.6M+31.9%
Net Income

$11.3M

Previous: -$37M+130.5%
Operating Income

$15.1M

Previous: -$16.2M+193.5%
Gross Profit

$107M

Previous: $87.4M+22.0%
Cash & Equivalents

$201M

Previous: $540M-62.8%
Total Assets

$1.94B

Previous: $1.82B+6.9%
Stock-Based Comp

$18.5M

Previous: $17.1M+8.2%

Revenue & EPS history

BlackLine · Revenue · Quarterly

$140M

Q4 2022+21.4%vs Q4 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Guidance for non-GAAP net income attributable to BlackLine and non-GAAP net income attributable to BlackLine per share does not include the impact of the provision for (benefit from) income taxes related to acquisitions, amortization of acquired intangible assets, stock-based compensation, the amortization of debt discount and issuance costs, the change in fair value of contingent consideration, transaction-related costs, the adjustment to the value of the redeemable non-controlling interest to the redemption amount, and the loss on extinguishment of convertible senior notes.

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 Q4 2022

Historical avgQ4 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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