BlackLine, Inc.·Technology

Retirement comes 25 years after founding BlackLine Will remain on the Board of BlackLine LOS ANGELES, March 24, 2026 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that industry visionary Therese Tucker, the Company's founder and largest individual shareholder, will retire from full-time executive employment with the company effective June 2, 2026. Ms. Tucker, who owns approximately 8 percent of BlackLine's total outstanding shares, will remain actively engaged with the Company as a board member and significant shareholder.

BlackLine (NASDAQ: BL - Get Free Report) has received a consensus recommendation of "Hold" from the fourteen brokerages that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating on the company. The average 12 month

Investors interested in stocks from the Internet - Software sector have probably already heard of Magnite (MGNI) and BlackLine (BL). But which of these two stocks is more attractive to value investors?

The total authorized amount is now $500 million. The company has already spent more than half of this.

LOS ANGELES, March 11, 2026 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced that BlackLine's management team will host a virtual AI investor session on Tuesday, March 17, 2026 at 10:00am PT / 1:00pm PT.

Therese Tucker Recognized As A Visionary Leader Who Has Set The Global Standard For Financial Automation Therese Tucker Recognized As A Visionary Leader Who Has Set The Global Standard For Financial Automation
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing. In addition, it offers accounts receivable automation solutions, which include cash application, credit and risk management, collections management, disputes and deductions, team and task management, and AR intelligence solutions. Further, the company provides intercompany workflow that stores permissions by entity and transaction type thereby ensuring both the initiator and the approver of the intercompany transaction are authorized to conduct business; intercompany processing, which records an organization's intercompany transactions; and netting and settlement that generates a real-time settlement matrix, which shows the balance of transactions. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.
Technology
Software - Application
1,830
2016-10-28
0.88