08:00 AM EDT, 03/12/2025 (MT Newswires) -- Blackline Safety ( BLKLF ) reported on Wednesday a first-quarter net loss that was lower than analysts' expectations.

The company posted a net loss of $1.1 million, or $0.01 per share, compared with the analysts' consensus GAAP loss forecast of $0.03 per share compiled by FactSet.

The result for the three months ended Jan. 31 is an improvement from Blackline's net loss of $5.8 million, or $0.08 per share, recorded in the same period last year.

Revenue rose 43% to $37.7 million from $26.3 million,beating the analysts' estimate of $32.7 million compiled by FactSet.

"This marks our 32nd consecutive quarter of year-over-year revenue growth, reflecting the robust market adoption of our industry-transforming connected safety solutions," said Cody Slater, Blackline's CEO and chair.

For its outlook, Blackline said it has increased inventory located at its U.S. operations and is making plans to implement some product assembly in the U.S. to mitigate the potential impact of tariffs on product gross margins and earnings.