Welcome to our dedicated page for Bridgeline news (Ticker: BLIN), a resource for investors and traders seeking the latest updates and insights on Bridgeline stock.
Bridgeline Digital Inc (BLIN) delivers AI-powered marketing technology that transforms digital customer experiences through integrated search, content management, and commerce solutions. This news hub provides investors and professionals with essential updates on the company's strategic developments in intelligent marketing automation and digital engagement tools.
Access real-time announcements covering product innovations, partnership expansions, and financial performance. Stay informed about BLIN's advancements in AI-driven search technology, including HawkSearch implementations and integrations with leading platforms like Salesforce and BigCommerce. The curated news collection enables efficient tracking of the company's progress in enhancing eCommerce personalization and omnichannel marketing capabilities.
Key updates include earnings reports, technology deployments, strategic collaborations, and market expansion initiatives. All content is verified for accuracy and relevance to support informed decision-making. Bookmark this page for streamlined access to Bridgeline Digital's latest developments in marketing automation and digital transformation solutions.
Bridgeline Digital (NASDAQ: BLIN) reported $1.4 million in new sales for Q2 FY2023, including $600,000 in licenses and $800,000 in services. The company secured over $4 million in license renewals from 200 existing customers. Major clients included AstraZeneca and Toyota. Bridgeline also sold 500 subscriptions through its partnership with Duda, enhancing its service offerings. The launch of the 'Bronco' release aims to streamline costs and increase revenue for clients by integrating SEO tools and improving product interoperability. Bridgeline plans to announce its Q2 fiscal results in May.
Bridgeline Digital, Inc. (NASDAQ: BLIN) reported fiscal Q1 2023 results, revealing total revenue of $4.1 million, down from $4.3 million in Q1 2022. Subscription and licenses revenue also declined to $3.2 million from $3.4 million year-over-year. Despite these decreases, Bridgeline secured 22 new SaaS license sales worth over $500,000, with organic growth in search software reaching an 18% CAGR. Gross profit decreased to $2.8 million with a gross margin of 69%. The company reported a net loss of $0.1 million, compared to net income of $1.9 million in the prior year. Bridgeline's partnerships and new product offerings remain key growth drivers.
Bridgeline Digital, Inc. (NASDAQ: BLIN) will announce its financial results for Q1 FY2023 on February 14, 2023, at 4:30 p.m. ET. The earnings call will feature CEO Ari Kahn and CFO Thomas Windhausen, discussing the company's performance and outlook. Participants can register in advance for the conference call to receive dial-in information. Bridgeline Digital provides cloud-based marketing technology, aiming to enhance online revenue through improved traffic and conversion metrics. The company emphasizes the importance of forward-looking statements regarding its financial expectations, risks, and growth potential.
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