There May Be Reason For Hope In BlackLine's (NASDAQ:BL) Disappointing Earnings
BlackLine's recent earnings report initially appeared disappointing to shareholders. However, an analysis of the company's accrual ratio and the impact of unusual items suggests that its underlying earnings potential might be better than the statutory profit indicates. The negative accrual ratio and the one-off nature of unusual expenses point to a potentially stronger profitability outlook for BlackLine.
https://finance.yahoo.com/markets/stocks/articles/may-reason-hope-blacklines-nasdaq-113720523.html