Stocks in play: Blackline Safety Corp
Today released record annual and fiscal fourth-quarter results. For the fiscal quarter ending October 31, 2021. Blackline achieved a record $19.3 million in total revenue, an increase of 67% compared to the same period last year. Product revenue grew 129% from the prior year’s quarter with service revenue up 22% to $8.2 million from $6.7 million, driven by a 20% increase in recurring software services revenue. Blackline Safety Corp shares T.BLN are trading up $0.20 at $6.70.
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