04:54 PM EST, 02/11/2025 (MT Newswires) -- Blackline ( BL ) late Tuesday reported Q4 non-GAAP net income of $0.47 per diluted share compared with $0.69 a year earlier.

Analysts polled by FactSet, on average, expected $0.50.

Revenue for the quarter ended Dec. 31 was $169.5 million, compared with $155.7 million a year earlier.

Analysts expected $168.4 million.

For Q1, the software firm is projecting non-GAAP EPS of $0.36 to $0.39 on $166 million to $168 million in revenue. Analysts are looking for $0.52 and $162.8 million, respectively.

For 2025, Blackline ( BL ) is projecting EPS of $1.97 to $2.10 on $699 million to $705 million in revenue. Analysts are looking for $2.55 and $711.7 million, respectively.

Shares were down more than 15% in after-hours trading.