06:03 PM EDT, 08/06/2024 (MT Newswires) -- Blackline ( BL ) Tuesday night reported Q2 non-GAAP net income of $0.58 per diluted share compared with $0.41 a year earlier.

Analysts polled by Capital IQ expected $0.50.

Revenue for the quarter ended June 30 was $160.5 million, compared with $144.6 million a year earlier.

Analysts expected $158.2 million.

For Q3, the financial technology company is projecting non-GAAP EPS of $0.49 to $0.52 on revenue of $162 million to $164 million.

Analysts polled by Capital IQ are looking for $0.56 and $162.9 million, respectively.

For 2024, the company is projecting non-GAAP EPS of $2.08 to $2.21 on revenue of $647 million to $651 million.

Analysts polled by Capital IQ are looking for $2.17 and $646.1 million, respectively.