08:22 AM EDT, 03/12/2026 (MT Newswires) -- Blackline Safety ( BLKLF ) on Thursday reported wider net loss in the first quarter, despite a rise in total revenue.

First-quarter net loss was reported at C$2.8 million, compared to $1.1 million in the corresponding year-ago quarter.

Loss per common share basic and diluted for the first-quarter was $0.03 per share, compared to loss per common share basic and diluted of $0.01 per share in the year-ago quarter.

First-quarter total revenue was $38.8 million, compared to $37.7 million in the year-ago quarter. The consensus estimates compiled by FactSet for sales was $38.1 million.

First-quarter adjusted EBITDA was reported at $1.7 million, compared to $1.5 million in the prior year's first quarter.

"Blackline has delivered another strong quarter, achieving $38.8 million in first quarter revenue, surpassing our exceptionally strong first quarter last year," said Cody Slater, Chief Executive Officer and Chair, Blackline Safety Corp. ( BLKLF ) "This marks our 36th consecutive quarter of year-over-year revenue growth, demonstrating the durability of our industrial, worker-focused business model and the sustained global demand for connected safety solutions."