Q3 BlackLine Notes

Demand environment steadily improved, the momentum BlackLine is experiencing is validation that the finance transformation is mission critical and climbing to the top of CFO priority list. GAAP revenue clocked in at $90.5 million for the quarter, increase of 21% vs the 15% estimates. Operating cash flow of $21.8m, up from $9.9m in 2019. Free cash flow of $18.5m, compared to $7.1m last year.

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