NasdaqGS:BLSoftware
BlackLine (BL): Assessing Valuation After New Saudi Arabia Cloud Region Expansion
BlackLine (BL) just switched on a new locally hosted cloud region in Saudi Arabia, a calculated move that taps into the Kingdom’s modernization push while satisfying tight data residency and cybersecurity rules.
See our latest analysis for BlackLine.
That Saudi expansion comes as BlackLine’s 1 month share price return of 7.18% and 3 month gain of 5.97% hint at improving sentiment, even though its 1 year total shareholder return of negative 9.74% shows the longer term picture is still one of...