Blackline

Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem

Retrieved on: 
Monday, April 8, 2024

“Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.

Key Points: 
  • “Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.
  • “Kyriba is committed to cultivating the industry's strongest partner ecosystem and we are thrilled to be extending our innovation through our latest partnership with Workday and collaboration with Onyx.
  • This innovative cross-border payment solution is complemented by real-time payments and real-time bank reporting through the J.P. Morgan’s Global Payments API, available within the Kyriba Marketplace.
  • Partners such as Deloitte have made strategic investments in developing a global Kyriba network and are delivering the largest and most complex Kyriba implementations.

Blackline Safety Announces New $1.4 Million Deal to Protect 800 Water Utility Workers

Retrieved on: 
Thursday, April 4, 2024

Blackline Safety Corp. (TSX: BLN) , a global leader in connected safety technology, today announced a new deal valued at $1.4 million with a water utility provider based in Australia.

Key Points: 
  • Blackline Safety Corp. (TSX: BLN) , a global leader in connected safety technology, today announced a new deal valued at $1.4 million with a water utility provider based in Australia.
  • This is the latest in a series of deals Blackline Safety has announced with water utility providers in recent years.
  • Blackline Safety devices currently protect half of the water and wastewater companies in the United Kingdom.
  • “Our devices are particularly well suited to the utility industry, including water and wastewater,” said Blackline Safety Vice President of International Sales, Peter Attalla .

Blackline Safety Reports Fiscal First Quarter 2024 Results – Revenue Up 25% Year-Over-Year

Retrieved on: 
Thursday, March 14, 2024

Total revenue for the fiscal first quarter was $26.3 million, an increase of 25% compared to $21.0 million in the prior year’s quarter.

Key Points: 
  • Total revenue for the fiscal first quarter was $26.3 million, an increase of 25% compared to $21.0 million in the prior year’s quarter.
  • Service revenue during the fiscal first quarter was $14.9 million, an increase of 28% compared to $11.6 million in the prior year’s quarter.
  • Product revenue during the fiscal first quarter was $11.4 million, a 21% increase compared to $9.4 million in the prior year’s quarter.
  • Product revenue comprised 43% of total revenue in the first quarter, compared to 45% in the prior year’s quarter, while service revenue made up 57% of total revenue for the quarter, compared to 55% in the prior year’s quarter.

Blackline Safety Unseats Competition to Win $2.7 Million Deal with Major U.S. Energy Company

Retrieved on: 
Thursday, February 8, 2024

Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced a four-year contract valued at $2.7 million with a major U.S. upstream energy company headquartered in Houston, Texas.

Key Points: 
  • Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced a four-year contract valued at $2.7 million with a major U.S. upstream energy company headquartered in Houston, Texas.
  • The company selected Blackline to provide over 800 G7c cloud-connected wearable safety devices, 40 EXO cloud-connected area monitors, and 75 G7 Docks.
  • This new fleet marks a shift away from a competitor’s products, which the company had used for 30 years.
  • “We unseat the competition because Blackline products set the standard for the safest lone worker solution on the market,” Stinson noted.

Blackline Safety Hits $100M Milestone in Annual Revenue

Retrieved on: 
Thursday, January 18, 2024

Total revenue for fiscal fourth quarter was $30.0 million, an increase of 36% compared to $22.0 million in the prior year’s quarter.

Key Points: 
  • Total revenue for fiscal fourth quarter was $30.0 million, an increase of 36% compared to $22.0 million in the prior year’s quarter.
  • Service revenue during the fiscal fourth quarter was $15.0 million, an increase of 38% compared to $10.9 million in the prior year’s quarter.
  • Software services revenue increased 34% to $13.2 million and rental revenue increased 69% to $1.8 million.
  • Product revenue comprised 50% of total revenue in the fourth quarter, compared to 51% in the prior year’s quarter, while service revenue made up 50% of total revenue for the quarter, compared to 49% in the prior year’s quarter.

Vena Named a Visionary in Financial Close and Consolidation Solutions in Gartner's 2023 Magic Quadrant

Retrieved on: 
Wednesday, December 6, 2023

TORONTO, Dec. 6, 2023 /PRNewswire/ -- Vena, the Complete Planning platform loved by finance and trusted by business, today announced it has been named a Visionary by the research firm Gartner® in its 2023 Magic Quadrant© for Financial Close and Consolidation Services (FCCS). The analysis ranked Vena's vision above seven companies, including Blackline, IBM, Solver, Jedox, Planful and Prophix.

Key Points: 
  • Complete Planning platform noted for its innovation, responsiveness to customer needs and wants
    TORONTO, Dec. 6, 2023 /PRNewswire/ -- Vena , the Complete Planning platform loved by finance and trusted by business, today announced it has been named a Visionary by the research firm Gartner® in its 2023 Magic Quadrant© for Financial Close and Consolidation Services (FCCS).
  • "To be named a Magic Quadrant Visionary means Gartner sees us as bringing a unique, ambitious and transformative approach to financial close and consolidation," said Hugh Cumming, Chief Technology Officer at Vena.
  • Nisha Bhandare, Vice President Analyst; Permjeet Gale, Senior Director Analyst; Jeffrin Francis, Director; and Renata Viana, Director Analyst, wrote in the Magic Quadrant for Financial Close and Consolidation Solutions, "Financial Close and Consolidation Solutions enable finance teams to manage their organization's close, consolidation and reporting processes.
  • As defined by Gartner, a Visionary in the Magic Quadrant is a company that understands where the market is going and that has a vision for changing market rules.

Vena Named a Visionary in Financial Close and Consolidation Solutions in Gartner's 2023 Magic Quadrant

Retrieved on: 
Wednesday, December 6, 2023

TORONTO, Dec. 6, 2023 /PRNewswire/ -- Vena, the Complete Planning platform loved by finance and trusted by business, today announced it has been named a Visionary by the research firm Gartner® in its 2023 Magic Quadrant© for Financial Close and Consolidation Services (FCCS). The analysis ranked Vena's vision above seven companies, including Blackline, IBM, Solver, Jedox, Planful and Prophix.

Key Points: 
  • Complete Planning platform noted for its innovation, responsiveness to customer needs and wants
    TORONTO, Dec. 6, 2023 /PRNewswire/ -- Vena , the Complete Planning platform loved by finance and trusted by business, today announced it has been named a Visionary by the research firm Gartner® in its 2023 Magic Quadrant© for Financial Close and Consolidation Services (FCCS).
  • "To be named a Magic Quadrant Visionary means Gartner sees us as bringing a unique, ambitious and transformative approach to financial close and consolidation," said Hugh Cumming, Chief Technology Officer at Vena.
  • Nisha Bhandare, Vice President Analyst; Permjeet Gale, Senior Director Analyst; Jeffrin Francis, Director; and Renata Viana, Director Analyst, wrote in the Magic Quadrant for Financial Close and Consolidation Solutions, "Financial Close and Consolidation Solutions enable finance teams to manage their organization's close, consolidation and reporting processes.
  • As defined by Gartner, a Visionary in the Magic Quadrant is a company that understands where the market is going and that has a vision for changing market rules.

Blackline Safety to Participate in TD Securities Technology Conference

Retrieved on: 
Wednesday, November 8, 2023

Blackline Safety Corp. (TSX: BLN) , a global leader in connected safety technology, today announced it will attend the TD Securities Technology Conference on November 20 – 21, 2023 in Toronto.

Key Points: 
  • Blackline Safety Corp. (TSX: BLN) , a global leader in connected safety technology, today announced it will attend the TD Securities Technology Conference on November 20 – 21, 2023 in Toronto.
  • The two-day conference is being held at the TD Tower and consists of private and public company presentations and fireside chats.
  • Blackline management will also participate in a fireside chat at 13:50 EST on Monday, November 20 where Cody Slater, Blackline CEO and Chair , will address questions from conference attendees.
  • Institutional investors wishing to attend the conference and schedule meetings with Blackline Safety management should contact their TD representative to register.

Blackline Safety Named One of Canada’s Top Growing Companies for Fifth Consecutive Year

Retrieved on: 
Friday, September 29, 2023

Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced that it’s been named to the Globe and Mail’s 2023 Report on Business ranking of Canada’s Top Growing Companies for the fifth year in a row.

Key Points: 
  • Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced that it’s been named to the Globe and Mail’s 2023 Report on Business ranking of Canada’s Top Growing Companies for the fifth year in a row.
  • Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth.
  • “We’re thrilled to be named as one of Canada’s Top Growing Companies for five years running.
  • “Canada's Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada," says Dawn Calleja, Editor of Report on Business magazine.

Blackline Safety Reports Fiscal Third Quarter 2023 Results – Record Revenue of $24.8 Million Up 34% Year-Over-Year

Retrieved on: 
Thursday, September 14, 2023

Total revenue for fiscal third quarter was $24.8 million, an increase of 34% compared to $18.6 million in the prior year’s quarter.

Key Points: 
  • Total revenue for fiscal third quarter was $24.8 million, an increase of 34% compared to $18.6 million in the prior year’s quarter.
  • Service revenue during the fiscal third quarter was $13.6 million, an increase of 41% compared to $9.7 million in the prior year’s quarter.
  • Software services revenue increased 41% to $12.4 million and rental revenue increased 35% to $1.1 million.
  • Product revenue during the fiscal third quarter was $11.3 million, a 26% increase compared to $8.9 million in the prior year’s quarter.