Benzinga | May 6, 2021 05:21PM EDT

BlackLine Q1 ADj. EPS $0.11 Beats $0.05 Estimate, Sales $98.86M Beat $96.09M Estimate; Sees Q2 Sales $100.5M-$101.5M vs $98.4M Est., Adj. EPS $0.07-$0.09 vs $0.08 Est.; FY21 Sales $415M-$420M vs $413.4M Est., Adj. EPS $0.43-$0.46 vs $0.40 Est.

BlackLine (NASDAQ:BL) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.05 by 120 percent. This is a 10 percent increase over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $98.86 million which beat the analyst consensus estimate of $96.09 million by 2.88 percent. This is a 19.68 percent increase over sales of $82.60 million the same period last year.