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Stock impact report

3 Reasons to Avoid BL and 1 Stock to Buy Instead [Yahoo! Finance]

BlackLine, Inc. (BL) 
NASDAQ:AMEX Investor Relations: investors.blackline.com
Company Research Source: Yahoo! Finance
This may have investors wondering how to approach the situation. Is now the time to buy BlackLine, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free Why Is BlackLine Not Exciting? Even with the cheaper entry price, we're swiping left on BlackLine for now. Here are three reasons why BL doesn't excite us and a stock we'd rather own. 1. Weak Billings Point to Soft Demand Billings is a non-GAAP metric that is often called “cash revenue” because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. BlackLine's billings came in at $226.9 million in Q4, and over the last four quarters, its year-on-year growth averaged 8.5%. This performance was underwhelming and suggests that increasing competition is causing challenges in acquiring/retaining customers. BlackLine Billi Show less Read more
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