Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.0254185692541857 0.0555555555555556 0.0502283105022831
Stock impact report

BlackLine, Inc.'s (BL) Price Target Lowered After Q4 Earnings [Yahoo! Finance]

BlackLine, Inc. (BL) 
NASDAQ:AMEX Investor Relations: investors.blackline.com
Company Research Source: Yahoo! Finance
BlackLine, Inc. (NASDAQ: BL ) is one of the 10 best beaten down software stocks with the highest upside potential . On February 12, Morgan Stanley analyst Chris Quintero reduced the firm's price target on BlackLine, Inc. (NASDAQ:BL) from $73 to $68 while reaffirming an Overweight rating. The firm revised its price target following the company's fourth-quarter earnings report. BlackLine, Inc.'s (BL) Price Target Lowered After Q4 Earnings BlackLine, Inc. (NASDAQ:BL) reported its Q4 earnings on February 11. Total revenue for the quarter reached $183 million. The company reported $702 million in annual recurring revenue and $1.1 billion in total remaining performance obligations (RPO). During the quarter, billings rose more than 9%. Non-GAAP net income came in at $45 million, demonstrating a non-GAAP net income margin of 25%. The company reported $27 million in operating cash flow and $20 million in free cash flow for the quarter. Platform pricing ARR grew 4% sequentially and represe Show less Read more
Impact Snapshot
Event Time:
BL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BL alerts
Opt-in for
BL alerts

from News Quantified
Opt-in for
BL alerts

from News Quantified