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US-based Blackline Systems reports record Q2 revenues.

INTERNET BUSINESS NEWS-(C)1995-2009 M2 COMMUNICATIONS

Financial software provider BlackLine Systems on Tuesday reported its strongest quarter on record in the second quarter, increasing revenues by 45% and signing three times the number of customers as it did in the comparable quarter a year ago.

The company did not release any actual performance figures.

The new subscribers, including Fortune 500 powerhouse Unified Grocers, along with Four Seasons and Express Jet, join an already impressive list of BlackLine clients such as AT&T, Northrop Grumman and eBay.

With a strong performance in the second quarter, BlackLine expects to continue its rapid growth and has now doubled revenues in each of the past two years.

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Publication:Internet Business News
Article Type:Financial report
Date:Sep 1, 2009
Words:125
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