BlackLine, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024. Fourth quarter revenue reached $169.5 million, an 8.8% increase year-over-year, exceeding Street forecasts of $168 million.
However, non-GAAP earnings per share for Q4 2024 were $0.47, falling below analysts' consensus estimates of $0.50 per share. For the full year 2024, total revenue grew 11% year-over-year to $653.3 million.
The company provided first quarter 2025 GAAP revenue guidance between $167 million and $169 million, representing 6-7% growth, and full year 2025 GAAP revenue guidance between $692 million and $705 million, representing 6-8% growth. BlackLine also announced a workforce reduction program in March 2025, incurring $5.3 million in restructuring costs in Q1 2025, and guided for a non-GAAP operating margin of 21.5% to 22.5% for the full year 2025.
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