05:30 AM EDT, 05/08/2024 (MT Newswires) -- BlackLine ( BL ) reported Q1 non-GAAP net income late Tuesday of $0.54 per diluted share, up from $0.34 a year earlier.

Analysts polled by Capital IQ expected $0.48.

Revenue for the quarter ended March 31 was $157.5 million, up from $139 million a year earlier.

Analysts surveyed by Capital IQ expected $155.1 million.

For Q2, the company expects non-GAAP net income of $0.49 to $0.51 per diluted share on revenue of $157 million to $159 million. Analysts polled by Capital IQ expect earnings of $0.50 on revenue of $158 million.

For 2024, the company now expects non-GAAP net income of $2.12 to $2.26 per share on revenue of $641.5 million to $649.5 million, up from its previous outlook of $2.01 to $2.14 on revenue of $637.5 million to $649.5 million. Analysts polled by Capital IQ expect earnings of $2.18 on revenue of $645.5 million.