BlackLine, Inc. (BL)

USD 62.72

(-2.7%)

Market Cap (In USD)

3.91 Billion

Revenue (In USD)

589.99 Million

Net Income (In USD)

52.83 Million

Avg. Volume

825.77 Thousand

Currency
USD
Country
Technology
Open
-
Prev. Close
-
Day Range
-
Year Range
43.368-69.31
PE
-
EPS
-
Beta Value
0.896
ISIN
US09239B1098
CUSIP
09239B109
CIK
1666134
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Technology
Industry
Software - Application
CEO
Mr. Owen M. Ryan
Employee Count
-
Website
https://www.blackline.com
Ipo Date
2016-10-28
Details
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing. In addition, it offers accounts receivable automation solutions, which include cash application, credit and risk management, collections management, disputes and deductions, team and task management, and AR intelligence solutions. Further, the company provides intercompany workflow that stores permissions by entity and transaction type thereby ensuring both the initiator and the approver of the intercompany transaction are authorized to conduct business; intercompany processing, which records an organization's intercompany transactions; and netting and settlement that generates a real-time settlement matrix, which shows the balance of transactions. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.