Bridgeline Digital (NASDAQ:BLIN) Issues Quarterly Earnings Results

Bridgeline Digital (NASDAQ:BLIN) issued its earnings results on Thursday. The software maker reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01), Zacks reports. The firm had revenue of $3.91 million during the quarter, compared to analyst estimates of $4.30 million. Bridgeline Digital had a negative net margin of 16.37% and a negative return on equity of 25.40%.

Here are the key takeaways from Bridgeline Digital’s conference call:

• Bridgeline’s core products led by HawkSearch now comprise 60% of revenue, grew 17% quarter-over-quarter to $2.4M, and average revenue per customer rose to $33,000 with a 107% net revenue retention, signaling strong upsell and customer stickiness.
• The company rolled out several AI and platform enhancements—Spark, Contextual Fields, Advanced Analytics API, and AI Content Extractor—and emphasizes a private data-lake + AI agents strategy that management says is differentiating in B2B manufacturing and distribution.
• Financials showed progress toward profitability: total revenue was $3.9M, operating expenses declined to $2.8M, net loss narrowed to $0.1M, and adjusted EBITDA turned positive at $122K versus a negative $193K year-ago.
• Liquidity and capitalization remain potential risks—cash was $1.5M (accounts receivable $1.6M) while 860K warrants are outstanding (strikes ~$2.51–$2.85, near-term expiries) which could be dilutive or indicate funding sensitivity if growth requires more capital.

Bridgeline Digital Price Performance

Bridgeline Digital stock traded down $0.03 during midday trading on Thursday, reaching $0.70. 196,951 shares of the stock were exchanged, compared to its average volume of 66,268. Bridgeline Digital has a 52 week low of $0.69 and a 52 week high of $2.22. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a market cap of $8.56 million, a PE ratio of -2.70 and a beta of 0.83. The company’s fifty day moving average is $0.88 and its 200-day moving average is $1.15.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BLIN. Citadel Advisors LLC purchased a new stake in Bridgeline Digital during the third quarter valued at about $41,000. DRW Securities LLC bought a new position in shares of Bridgeline Digital during the 4th quarter valued at about $45,000. Finally, Lido Advisors LLC purchased a new position in shares of Bridgeline Digital during the 4th quarter valued at about $48,000. 15.08% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on BLIN. Zacks Research upgraded shares of Bridgeline Digital from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Westpark Capital reissued a “buy” rating and set a $4.62 target price on shares of Bridgeline Digital in a report on Friday, December 19th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Bridgeline Digital in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $4.62.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc is a software-as-a-service company that delivers digital experience management solutions to mid-market and enterprise organizations. The company’s core offering, the LX Platform, integrates content management, e-commerce, customer portals and digital marketing tools into a unified cloud-based environment. Bridgeline’s platform is designed to help businesses streamline the delivery of personalized content and commerce capabilities across web, mobile and other channels.

The LX Platform features modules for web content creation, online storefront management, customer self-service portals and marketing automation.