Bridgeline Digital (NASDAQ:BLIN) Issues Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Bridgeline Digital (NASDAQ:BLIN) released its quarterly earnings data on Thursday. The software maker reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03), Zacks reports. Bridgeline Digital had a negative net margin of 12.71% and a negative return on equity of 19.87%.

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

• Bridgeline reported its best quarter ever for new customer acquisition, winning 19 deals and tripling last quarter’s sales, with $2.8 million in TCV and $1.2 million in ARR.
• The company said pipeline growth accelerated 82% year over year, with more than 500 qualified leads and over $5 million in ARR, which management believes supports continued revenue momentum.
• Bridgeline highlighted strong product adoption, including 107% net revenue retention and expansion sales from existing customers, helped by AI add-ons such as AI Visual Search.
• The company launched the Hawk AI Shopping Assistant, positioning it as an AI-driven B2B commerce tool designed to improve merchandising, personalization, and conversion for large distributors and manufacturers.
• Financial results were largely flat year over year, with Q2 revenue of $3.9 million and a smaller net loss of $0.4 million; adjusted EBITDA improved to near break-even at negative $43,000.

Bridgeline Digital Price Performance

BLIN stock traded up $0.11 during trading on Thursday, hitting $0.99. 31,020 shares of the stock traded hands, compared to its average volume of 46,487. The stock has a market cap of $12.47 million, a price-to-earnings ratio of -4.71 and a beta of 0.99. Bridgeline Digital has a one year low of $0.69 and a one year high of $1.92. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.02. The company has a 50 day simple moving average of $0.91 and a 200 day simple moving average of $0.93.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Bridgeline Digital in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $4.62.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Citadel Advisors LLC bought a new stake in Bridgeline Digital during the 3rd quarter worth approximately $41,000. DRW Securities LLC bought a new position in Bridgeline Digital in the 4th quarter valued at $45,000. Finally, Lido Advisors LLC acquired a new position in Bridgeline Digital in the fourth quarter worth $48,000. Institutional investors own 15.08% of the company’s stock.

About Bridgeline Digital

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.