Earnings Call Summary | BlackLine(BL.US) Q1 2024 Earnings Conference
Earnings Call Summary | BlackLine(BL.US) Q1 2024 Earnings Conference
The following is a summary of the BlackLine, Inc. (BL) Q1 2024 Earnings Call Transcript:
以下是BlackLine, Inc.（BL）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
BlackLine reported Q1 total revenue of $157 million, up 13%, with subscription revenue growing 15% and services revenue declining 7%.
Non-GAAP operating margin was 17% and non-GAAP net income attributable to BlackLine was $40 million.
They ended the quarter with total annual recurring revenue, or ARR, of $605 million, up 10%.
Their non-GAAP gross margin was 79%, with non-GAAP subscription gross margin of 82%.
They generated $50 million in operating cash flow and $44 million in free cash flow in the quarter.
BlackLine報告稱，第一季度總收入爲1.57億美元，增長13％，訂閱收入增長15％，服務收入下降7％。
非公認會計准則營業利潤率爲17％，歸屬於BlackLine的非公認會計准則淨收益爲4000萬美元。
他們在本季度末的年度經常性收入總額（ARR）爲6.05億美元，增長了10％。
他們的非公認會計准則毛利率爲79％，非公認會計准則的訂閱毛利率爲82％。
他們在本季度創造了5000萬美元的運營現金流和4400萬美元的自由現金流。
Business Progress:
業務進展：
The company's new operating model has shown early progress, and BlackLine is transitioning towards a more partner powered model.
BlackLine is integrating AI into its product to enhance analytics and financial close processes. Key developments include the Journal Risk Analyzer and an AI-powered payment forecasting tool.
They hired a new CTO, Jeremy Ung, specifically to speed up innovation.
Key product launches including Accounting Studio, Financial Close, Central Command, and Journals Risk Analyzer are expected to boost growth.
SAP partnership represents 26% of the total revenue, signaling a strong alliance in the enterprise software space.
The company has appointed industry veteran Jimmy Duan as its new Chief Customer Officer, showing commitment to customer service improvement.
該公司的新運營模式已顯示出早期進展，BlackLine正在向更受合作伙伴支持的模式過渡。
BlackLine正在將人工智能集成到其產品中，以增強分析和財務結算流程。主要開發項目包括期刊風險分析器和人工智能驅動的支付預測工具。
他們聘請了新的首席技術官傑里米·昂（Jeremy Ung），專門負責加快創新。
包括會計工作室、Financial Close、Central Command和期刊風險分析器在內的關鍵產品的發佈預計將促進增長。
SAP的合作伙伴關係佔總收入的26％，這表明企業軟件領域的強大聯盟。
該公司已任命業內資深人士Jimmy Duan爲新任首席客戶官，這表明了對改善客戶服務的承諾。
More details: BlackLine IR
更多詳情： 黑線紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。