BlackLine ( NASDAQ:BL – Get Rating ) updated its FY23 earnings guidance on Thursday. The company provided earnings per share guidance of $1.23-1.29 for the period, compared to the consensus earnings per share estimate of $0.92. The company issued revenue guidance of $586-596 million, compared to the consensus revenue estimate of $591.07 million. BlackLine also updated its Q2 guidance to $0.27-0.29 EPS. Analysts Set New Price Targets Several research firms have commented on BL. BMO Capital Markets dropped their price target on shares of BlackLine from $71.

https://www.dailypolitical.com/2023/05/07/blackline-nasdaqbl-updates-fy23-earnings-guidance.html

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