Blackline Safety Provides Business Update, Positioning for Improved Financial Strength
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Monday, August 8, 2022
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Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today provided a business update announcing a pricing increase on its hardware and services along with cost reductions that are collectively expected to significantly enhance Blacklines financial strength and ensure long-term stability.
Key Points:
- Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today provided a business update announcing a pricing increase on its hardware and services along with cost reductions that are collectively expected to significantly enhance Blacklines financial strength and ensure long-term stability.
- Blackline provides the option for customers to purchase outright its devices or to lease through its G7 lease program.
- Blackline views the lease model as an attractive offering for its customers as it provides strong retention and healthy margins to the Company.
- With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance.