reports
Blackline Safety Wins Three Awards for New Products and Industrial Inn...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced it has won three international awards—one from Connected Britain and two from Occupational Health & Safety (OH&S). The Company’s industry-leading real-time connectivity is the focus of all three awards. OH&S recognized Blackline’s single-gas wearable detector as new product of the year in both the Industrial Hygiene: Instruments Gas Monitors/Instrumentation and Wearable Technology categories after G6 underwent a late last year that added real-time connectivity and an emergency SOS feature. B...
Blackline Safety Named One of Canada’s Top Growing Companies for Sixth...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it has been named to the Globe and Mail’s 2024 Report on Business ranking of Canada’s Top Growing Companies for the sixth consecutive year. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Blackline Safety earned its No. 252 spot with a three-year revenue growth of 161%, a 69-spot increase over its ranking last year. The Company now has devices and services in over 75 countries, protecting over 165,000 workers worldwide. Blackline Safety is one of onl...
Blackline Safety Advances Early Threat Detection with Launch of Next-G...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced a next generation connected area monitor that advances gas detection and early threat identification for companies and first-responders. This press release features multimedia. View the full release here: Ideally suited to large industrial organizations in the energy, mining, water and wastewater sectors—as well as fire-hazmat teams and protection at large public events—EXO 8 helps teams rapidly respond to incidents involving hazardous substances and ensure the safety of workers, first responde...
Blackline Safety Reports Record Quarterly Revenue of $33.7M up 36% Yea...
CALGARY, Canada--(BUSINESS WIRE)-- (“Blackline”, the “Company”, “we” or “our”) (TSX: BLN) a global leader in connected safety technology, today reported its fiscal third quarter financial results for the period ended July 31, 2024. Management Commentary Blackline Safety achieved another record quarter for revenue at $33.7 million, an increase of 36% from last year. This is the 30th consecutive quarter of year-over-year growth dating back 7.5 years. “We have achieved topline growth in every quarter since we launched the G7. The $33.7 million reported this quarter is actually more revenue tha...
Blackline Safety Announces Fiscal Third Quarter 2024 Financial Results...
CALGARY, Canada--(BUSINESS WIRE)-- a global leader in connected safety technology, today announced it will release fiscal third quarter 2024 financial results before markets open on Wednesday, September 11, 2024. Management will host a conference call and webcast to discuss the Company’s financial results at 11:00 am ET the same day. Blackline Safety Corp. Fiscal Third Quarter 2024 Financial Results Conference Call When: Wednesday, September 11, 2024 Time: 11:00 am ET Webcast Link: Dial-in Instructions: Please dial in 5-10 minutes prior to the scheduled start time and ask to join the B...
Blackline Safety Appoints New Chief Financial Officer, Robin Kooyman
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, is pleased to announce the appointment of , as the company's new Chief Financial Officer (CFO) effective September 9, 2024. This press release features multimedia. View the full release here: Robyn Kooyman named CFO of Blackline Safety (Photo: Business Wire) Robin brings 15 years of global experience in finance, capital markets, and strategic leadership, having held prominent positions with Brookfield Corporation, TD Securities and RBC Capital Markets in Canada, the U.S., and the UK. She joins Blackline Saf...
Blackline Safety to Participate in 44th Annual Canaccord Genuity Growt...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it will participate in the being held on August 13 – 15, 2024 in Boston, Massachusetts. The three-day conference brings together institutional investors from across the globe with some of the best and most promising growth companies in Canaccord’s core sectors – Technology, Healthcare & Life Sciences, Sustainability, Industrials, and Consumer & Retail. Blackline Safety’s CEO and Chair, , and President and Chief Growth Officer, , will be presenting at the conference, as well as availab...
Blackline Safety Presents Community Hero Award to Ohio Utility Workers...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it has presented its inaugural to Matt Overcasher and Steve Manypenny, two Columbus, Ohio utility workers who used their Blackline Safety G7 devices to get help for a child who was unresponsive and not breathing. This press release features multimedia. View the full release here: In honor of their quick thinking and heroic actions that saved a toddler's life, utility workers Matt Overcasher, left, and Steve Manypenny, right, are the first recipients of Blackline Safety's Community Hero a...
Blackline Releases New AlertLink Feature to Improve Safety, Enhance Em...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it has released the new AlertLink feature for its award-winning EXO and G7 devices. AlertLink proximity-based warning alerts increase employee safety via advance warning of potentially dangerous conditions, expediting evacuations and incident response. The company developed the feature after receiving feedback through their customer advisory panel that proximity-based warnings will enhance industrial safety. Blackline Safety Channel partners are already seeing the benefits of the new f...
Blackline Safety Secures Largest Deal in Company’s MEA Region at $1.9 ...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it has secured a $1.9 million deal with a South African energy company. The deal is the largest in Blackline’s Middle East & Africa (MEA) region (Rest of World segment) and marks the company’s first significant contract in Africa. The energy company purchased approximately 500 G7c devices for their plant workers and almost 500 G6 devices to protect their contractors while they are on site. The company also purchased G7 and G6 Docks, Blackline’s simple solution to calibrating, bump testin...
Blackline Safety Announces Interim CFO
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it has named , CPA, CA, Vice President Accounting & Finance, Corporate Controller, as interim Chief Financial Officer, effective July 1, 2024. Serving almost a decade at the Company in progressively senior roles, Ms. Khuong brings a wealth of experience in Finance and Accounting—including strategic business planning, financial reporting, audit, internal controls, financial planning and analysis, compliance and tax strategy—to the interim position. Before joining Blackline in early 2015, ...
Blackline Safety Announces $3.9 Million Renewal with Leading U.S. Util...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it has secured a $3.9 million contract renewal with one of the largest utility companies in the U.S. Headquartered in the Midwest and serving over 4 million customers, the company became a Blackline customer in late 2021. The renewal adds two more years of monitoring by Blackline’s Safety Operations Center (SOC) as well as push-to-talk services for the utility company’s 2,200 G7 devices. The customer is renewing the contract two and a half years after initial device deployment. “We’re ...
Blackline Safety Reports Highest Quarterly Revenue Ever – Q2 Hits $31....
CALGARY, Canada--(BUSINESS WIRE)-- (“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, 2024. Management Commentary “We achieved our highest quarterly revenue ever at $31.6 million, a 31% increase over the prior year’s second quarter. This result, coupled with our highest gross profit at $18.0 million and highest gross margin at 57% demonstrate the strength of our hardware-enabled software as a service business model as the company scales,” said , Bl...
Blackline Announces Closing of Bought Deal Financing and Concurrent Pr...
CALGARY, Canada--(BUSINESS WIRE)-- Blackline Safety Corp. ("Blackline" or the "Company") (TSX: BLN) a global leader in connected safety technology, is pleased to announce the closing of its previously announced bought deal short-form prospectus offering (the “Offering”) of common shares of the Company (“Common Shares”). The Offering was conducted through a syndicate of underwriters led by Canaccord Genuity and included ATB Securities Inc., Ventum Financial Corp., National Bank Financial Inc., Raymond James Ltd., TD Securities Inc., Beacon Securities Limited and Lightyear Capital Inc. (collecti...
Blackline Announces Filing of Final Prospectus and Provides an Update ...
CALGARY, Canada--(BUSINESS WIRE)-- Blackline Safety Corp. ("Blackline" or the "Company") (TSX: BLN) a global leader in connected safety technology, is pleased to announce today that it has filed, and obtained a receipt for, a final short form prospectus (the "Prospectus") in each of the provinces of Canada, other than Québec, with respect to the previously announced bought deal offering of 4,950,000 common shares of Blackline (“Common Shares”) at a price of $4.05 per Common Share (the “Offering Price”) for gross proceeds to the Company of approximately $20 million (the “Offering”). Access to...
Blackline Safety Secures Largest Contract in Company’s History at $8.5...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced an $8.5M expansion on the announced in September 2023. The midstream company purchased 1,025 G7 wearable gas-detection and lone worker devices, along with monitoring services. Combined with the previous deal, Blackline devices now protect all of the company’s nearly 2,000 field and site workers. The company also purchased 753 G7 Bridges to keep workers connected in remote areas via satellite. Prior to the first deal, the midstream company performed a comprehensive review of all available g...
Blackline Safety Announces Fiscal Second Quarter 2024 Financial Result...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced it will release fiscal second quarter 2024 financial results before markets open on Thursday, June 13, 2024. Management will host a conference call and webcast to discuss the Company’s financial results at 11:00 am ET the same day. Blackline Safety Corp. Fiscal Second Quarter 2024 Financial Results Conference Call When: Thursday, June 13, 2024 Time: 11:00 am ET Webcast Link: Dial-in Instructions: Please dial in 5-10 minutes prior to the scheduled start time and ask to join the Blackline Saf...
Blackline Safety Named One of the Americas’ Fastest-Growing Companies ...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, has been listed as one of The Americas’ Fastest-Growing Companies 2024, ranking as the fourth fastest-growing IT & Software company in Canada. Named to the list for the fourth time in the last five years, the company gained 34 spots on its first ranking, reflecting Blackline’s exponential growth since it introduced the G7 product line in 2017. With a 2022 reported revenue of $73M, the company is well above the $27M median revenue of the list’s ranked companies. “We’re thrilled that our growth is acknowledg...
Blackline Safety Expands in Utility Sector with New $1.5 Million Deal
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced that it has signed a new contract to provide G7c devices and services to a major U.S. utility provider based in California. The contract—a collaboration between Blackline Safety and one of its U.S. channel partners—is valued at over $1.5 million. The utility provider has already started rolling out the devices across their organization. In total, the gas and electric company will be rolling out 1,000 G7c lone worker devices to protect their frontline workers. The award-winning wearable —with ...
Blackline Safety Signs $1.7M Service Upgrade for Recent U.S. Upstream ...
CALGARY, Canada--(BUSINESS WIRE)-- , a global leader in connected safety technology, today announced the upgrade of with a U.S. upstream energy company headquartered in Houston, Texas, by an additional $1.7 million. As announced in February 2024, the customer purchased over 800 G7c cloud-connected wearable safety devices, 40 EXO cloud-connected area monitors, and 75 G7 Docks. During implementation, the customer requested a demo of Blackline’s real-time alert response. When the Blackline Safety representative pulled the SOS latch and a live Blackline agent answered in seconds, the company ...
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