BlackLine, Inc. (NASDAQ:BL) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET

Company Participants

Matt Humphries - Vice President, Investor Relations

Marc Huffman - Chief Executive Officer

Mark Partin - Chief Financial Officer

Conference Call Participants

Alex Sklar - Raymond James

Pinjalim Bora - JPMorgan Chase

Mauro Molina - Piper Sandler

Fred Lee - Credit Suisse

Adam Hotchkiss - Goldman Sachs

Operator

Good day and thank you for standing by. Welcome to the Q3 2022 BlackLine Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ remarks, there will be a question-and-answer session. [Operator instructions] Please be advised that today's conference is being recorded.

I would now like to turn the conference over to your speaker for today. Please go ahead sir.

Matt Humphries

Good afternoon and thank you for joining us today. With me on this call is Marc Huffman Chief Executive Officer of BlackLine and Mark Partin, Chief Financial Officer.

Before we get started, I would like to note that certain statements made during this conference call that are not historical facts, including those regarding our future plans, objectives and expected performance, in particular, our guidance for Q4 and full year 2022 are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent our outlook only as of the date of this call.

While we believe any forward-looking statements we make are reasonable, actual results could differ materially because the statements are based on our current expectations as of today and are subject to risks and uncertainties, including those stated in our periodic reports filed with the Securities and Exchange Commission, in particular, our Form 10-K and Form 10-Q. We do not undertake and expressly disclaim any obligation to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Also, unless otherwise stated, our financial measures disclosed on this call will be non-GAAP. A discussion of these non-GAAP financial measures and information regarding reconciliations of our GAAP versus non-GAAP results is currently available in our earnings release, which maybe found on our Investor Relations website at investors.blackline.com or on our Form 8-K filed with the SEC today.

Now, I'll turn the call over to BlackLine's Chief Executive Officer, Marc Huffman. Marc?

Marc Huffman

Thank you, Matt, and good afternoon, everyone. Thank you for joining us today. BlackLine delivered solid financial results this quarter with revenue growing 23% year-over-year to $134 million. Additionally, we saw continued margin and free cash flow improvement due to further operating efficiencies and disciplined expense management.