Blackline (BL) Scheduled to Post Quarterly Earnings on Thursday
Blackline (NASDAQ:BL) will be issuing its quarterly earnings data after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter.
Shares of Blackline (NASDAQ:BL) opened at $33.13 on Wednesday. Blackline has a 1 year low of $26.72 and a 1 year high of $40.28. The stock has a market cap of $1,724.15, a P/E ratio of -34.51 and a beta of 1.99.
In related news, major shareholder Sumeru (Gp) L.L.C. Slta sold 2,649,698 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $34.07, for a total transaction of $90,275,210.86. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director William J.G. Griffith sold 1,415,519 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $34.07, for a total value of $48,226,732.33. The disclosure for this sale can be found here. Insiders have sold 4,538,250 shares of company stock valued at $154,728,083 in the last three months. Corporate insiders own 22.35% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Blackline (BL) Scheduled to Post Quarterly Earnings on Thursday” was first posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://theolympiareport.com/2018/02/14/blackline-bl-scheduled-to-post-quarterly-earnings-on-thursday.html.
Blackline Company Profile
BlackLine, Inc is a holding company. The Company provides cloud-based software platform that is designed to automate and streamline accounting and finance operations. Its platform supports accounting processes, such as the financial close, account reconciliation, intercompany accounting and controls assurance.
Receive News & Ratings for Blackline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackline and related companies with MarketBeat.com's FREE daily email newsletter.