Recap: BlackLine Q1 Earnings

BlackLine BL reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

BlackLine beat estimated earnings by 112.5%, reporting an EPS of $0.01 versus an estimate of $-0.08.

Revenue was up $21.38 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 15.8% drop in the share price the next day.

Here's a look at BlackLine's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.10	0.11	0.08	0.05
EPS Actual	0.08	0.24	0.15	0.11
Revenue Estimate	113.60M	107.03M	101.06M	96.09M
Revenue Actual	115.33M	109.40M	102.12M	98.86M

To track all earnings releases for BlackLine visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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