BlackLine's Earnings: Expect 8.5% Revenue Growth

BlackLine, a financial automation software company, is set to release its earnings this Tuesday, with analysts predicting an 8.5% year-over-year revenue increase. Last quarter, they met revenue expectations at $183.2 million, up 8.1% from the previous year. Despite beating full-year earnings per share guidance, their next quarters outlook fell short, and they lost 30 customers, totaling 4,394. While peers in finance and HR software are thriving, BlackLines stock has dipped 6.3% over the past month, despite a lower average price target. Analysts await a post-earnings spark. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a48efb75ed86b09c