Bridgeline Stock Price, News & Analysis

Bridgeline Digital, Inc. (NASDAQ: BLIN) has launched a new 'Lightning-Ready' integration for its Hawksearch software on Salesforce B2B Commerce Cloud via Salesforce AppExchange. This integration aims to enhance customer conversion rates through advanced search and personalization features. Bridgeline is also investing in dedicated resources to support its partner network, focusing on growth opportunities for Salesforce customers. The Hawksearch solution provides AI-driven search capabilities without requiring extensive IT support, offering actionable insights into customer behavior.

Bridgeline Digital, a cloud-based marketing technology provider, will present at the Taglich Brothers 17th Annual Investment Conference on September 13, 2021, at 3:15 pm ET in New York. CEO Mr. Kahn highlighted the event as an opportunity to connect with investors and discuss the company's recent sales success and profitability. Bridgeline reported a 31% revenue increase for Q3 of Fiscal 2021, with guidance for 20% growth in Q4. Investors can register for the presentation and access the investor deck via the provided links.

Bridgeline Digital, Inc. (NASDAQ: BLIN) announces that its WooRank SEO software has significantly reduced prospecting time for TikaPac, a marketing agency specializing in the print industry, by 50%. The agency utilizes WooRank's Lead Generation Tool to streamline lead qualification and enhance productivity. Users can generate website reports directly through TikaPac's landing page, facilitating quick identification as potential clients. Tim Roberts, President of TikaPac, notes the software's value in improving efficiency and reports customized SEO results to clients.

Bridgeline Digital, Inc. (NASDAQ: BLIN) announced a significant investment in its Hawksearch BigCommerce Integration to enhance offerings for BigCommerce users. The company has implemented Hawksearch in over thirty BigCommerce projects and is developing new features to boost growth. Hawksearch, an AI-driven search and recommendations tool, will now integrate WooRank’s SEO tools to increase traffic and revenue. This complements the recently added “Unit of Measure Conversion Logic” in Hawksearch implementations. CEO Ari Kahn expressed enthusiasm about fostering revenue growth opportunities for BigCommerce's user base.

Bridgeline Digital, a marketing technology provider, announced that five leading manufacturing companies have chosen its Hawksearch software to enhance traffic and conversion rates on their eCommerce platforms. The contracts are collectively valued at around $300,000. Hawksearch's Search Information Manager is particularly beneficial for manufacturers, enabling swift translation of units and identification of part numbers. The software utilizes advanced AI algorithms for effective product searches, catering to technical queries in various languages, ultimately driving new revenue opportunities for these partners.

Bridgeline Digital (NASDAQ: BLIN) has secured a three-year agreement worth approximately $100,000 with a leading distributor of education supplies in Germany. The deal involves the deployment of Bridgeline's NLP Site Search software on their B2B eCommerce platform, aimed at enhancing the customer experience for Germany’s school systems. The advanced natural language processing technology will efficiently respond to complex queries within a vast catalog of teaching supplies, boosting revenue through improved conversion rates.

Bridgeline Digital reported a 31% revenue increase for Q3 2021, totaling $3.4 million. Subscription and licenses revenue rose 37% to $2.6 million, constituting 76% of total revenue. The company has a strong cash position with $10 million available for sales and marketing investments. Despite a net loss of $3.6 million, attributed to a $4.1 million non-cash derivative loss, the adjusted EBITDA was $302,000. For the year-to-date, total revenue is $9.2 million, up from $8.2 million YTD 2020.

Bridgeline Digital (NASDAQ: BLIN) will announce its Q3 2021 financial results on August 16, 2021, at 4:30 p.m. ET. Following the announcement, CEO Ari Kahn and CFO Mark G. Downey will host a live conference call to discuss the results. The call will be accessible at (877) 837-3910 for domestic callers and (973) 796-5077 for international participants. A replay will be available for one week after the call. Bridgeline aims to enhance online revenue for companies through its Unbound platform and various applications.

Bridgeline Digital (NASDAQ: BLIN) announced it has raised over $7.3 million from warrant exercises, increasing its cash balance to over $9 million. The funds will support the company's growth initiatives and its eCommerce 360 strategy aimed at enhancing traffic and conversions for its 2,500 customers. Following two acquisitions in 2021, Bridgeline expressed confidence in being fully capitalized to meet all obligations and to pursue additional strategic opportunities.