BlackLine will announce Q4 and annual financial results on February 11, 2025, followed by a management conference call.
Quiver AI Summary
BlackLine, Inc. announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024, on February 11, 2025, after market close, followed by a conference call at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay of the call will be available on the company's investor relations website, and participants are encouraged to register in advance and join the call fifteen minutes early. BlackLine specializes in digital finance transformation, providing a platform that enhances financial operations for organizations by streamlining key processes such as record-to-report and invoice-to-cash, ensuring accurate data and real-time insights. With over 4,400 customers, BlackLine is recognized for its innovation and commitment to security in the financial sector.
Potential Positives
- Announcement of financial results for Q4 and full year 2024 provides transparency and sets expectations for investors.
- Scheduled conference call promotes direct communication between management and investors, fostering engagement and trust.
- BlackLine's emphasis on digital finance transformation highlights its innovative solutions and commitment to enhancing financial operations for clients.
- The reference to a proven track record and robust customer base (more than 4,400 customers) underscores the company's reliability and industry acceptance.
Potential Negatives
- Announcement of financial results being scheduled for February 11, 2025, may indicate a delay in reporting, which could raise concerns among investors about the company’s financial performance.
- The reliance on a scheduled conference call for discussing financial results could limit direct communication with investors, potentially causing misunderstandings or misinterpretations of the information presented.
FAQ
When will BlackLine announce its financial results for Q4 2024?
BlackLine will announce its financial results on February 11, 2025, after market close.
How can I access the BlackLine conference call?
You can access the conference call by registering and using the dial-in details provided afterward.
What time is the BlackLine conference call scheduled?
The conference call is scheduled for 2:00 p.m. PT / 5:00 p.m. ET on February 11, 2025.
Where can I find the live webcast of the conference call?
The live webcast will be available on BlackLine’s investor relations website at https://investors.blackline.com/.
What does BlackLine do for organizations?
BlackLine empowers organizations with digital finance transformation, optimizing financial operations through automation and AI solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BL Insider Trading Activity
$BL insiders have traded $BL stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $BL stock by insiders over the last 6 months:
- KAROLE MORGAN-PRAGER (CHIEF LEGAL AND ADMINISTRATIVE) has made 0 purchases and 10 sales selling 117,260 shares for an estimated $6,804,000.
- MARK PARTIN (CHIEF FINANCIAL OFFICER) has made 0 purchases and 5 sales selling 90,956 shares for an estimated $4,977,214.
- MARK WOODHAMS (Chief Revenue Officer) has made 0 purchases and 5 sales selling 25,795 shares for an estimated $1,641,599.
- BARBARA WHYE sold 5,378 shares for an estimated $279,709
- MIKA YAMAMOTO has made 0 purchases and 2 sales selling 3,220 shares for an estimated $199,901.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BL Hedge Fund Activity
We have seen 127 institutional investors add shares of $BL stock to their portfolio, and 170 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 1,683,120 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $92,807,236
- JANA PARTNERS MANAGEMENT, LP removed 1,154,435 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $63,655,545
- ENGAGED CAPITAL LLC added 609,713 shares (+inf%) to their portfolio in Q3 2024, for an estimated $33,619,574
- JPMORGAN CHASE & CO added 600,271 shares (+56.3%) to their portfolio in Q3 2024, for an estimated $33,098,942
- FRED ALGER MANAGEMENT, LLC removed 462,082 shares (-84.6%) from their portfolio in Q3 2024, for an estimated $25,479,201
- BLACKROCK, INC. added 403,599 shares (+4.8%) to their portfolio in Q3 2024, for an estimated $22,254,448
- BROWN ADVISORY INC removed 390,447 shares (-40.9%) from their portfolio in Q3 2024, for an estimated $21,529,247
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2024 after market close on Tuesday, February 11, 2025 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay will be accessible on BlackLine’s investor relations website at https://investors.blackline.com/ . To access the conference call by phone, please register here , and dial-in details will be provided. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
About BlackLine
BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations.
BlackLine’s comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insight through visibility, automation, and AI. BlackLine’s proven, collaborative approach ensures continuous transformation, delivering immediate impact and sustained value. With a proven track record of innovation, industry-leading R&D investment, and world-class security practices, more than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future.
For more information, please visit blackline.com .
Investor Relations Contact:
Matt Humphries, CFA
[email protected]
