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Blackline Safety Reports Record Fiscal Second Quarter 2025 Revenue of $35.9 million and Adjusted EBITDA of $1.0 million
Record Annual Recurring Revenue (1) (“ARR”) of $75.2 million, up 33% year-o...
About this update from Blackline Safety Corp.
[{"type":"text","content":"Blackline Safety Reports Record Fiscal Second Quarter 2025 Revenue of $35.9 million and Adjusted EBITDA of $1.0 million\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth35 { width: 35% }\n \n\n\n\n\n Record Annual Recurring Revenue\n \n\n (1)\n \n\n (“ARR”) of $75.2 million, up 33% year-over-year\n \n\n\n\n 33\n \n rd\n \n consecutive quarter of year-over-year top-line growth\n \n\n 12\n \n th\n \n consecutive quarter of expanding gross margin on a rolling 12-month basis\n \n\n 8\n \n th\n \n consecutive quarter of Net Dollar Retention\n \n (1)\n \n\n\n (\"NDR\") above 125%\n \n\n 4\n \n th\n \n consecutive quarter of positive adjusted EBITDA\n \n (1)\n \n\n\n\n\n\n\n Blackline Safety Corp.\n \n (“Blackline”, the “Company”, “we” or “our”) (TSX: BLN), a global leader in connected safety technology, today reported its fiscal second quarter financial results for the period ended April 30, 2025.\n \n\n\n Management Commentary\n \n\n\n \"Blackline has delivered another strong quarter, achieving $35.9 million in revenue for Q2 despite the dynamic macroeconomic environment,\" said\n \n Cody Slater\n \n , CEO and Chair of Blackline Safety. \"This marks our 33rd consecutive quarter of year-over-year revenue growth, underscoring the robust market adoption of our connected safety solutions.\"\n \n\n Annual recurring revenue was up 33% year-over-year to $75.2 million. Net Dollar Retention, reflecting revenue growth from existing customers, was 128%—the 8th consecutive quarter exceeding 125%. This reinforces the sustained expansion within our customer base and the value customers place on connected safety solutions. This quarter is als...