We came across a bullish thesis on BlackLine, Inc. on r/valueinvesting by Exciting-Context6012. In this article, we will summarize the bulls’ thesis on BL. BlackLine, Inc.'s share was trading at $52.65 as of Janaury 16th. BL’s trailing P/E was 47.86 according to Yahoo Finance.
[caption id="attachment_415478" align="aligncenter" width="750"]BlackLine, Inc. (BL) is a public enterprise software company focused on financial close and accounting automation, but its equity has come under sustained pressure since 2022 due to slowing revenue...
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