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

Bridgeline Digital (NASDAQ:BLIN) posted its quarterly earnings results on Thursday. The software maker reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03), Zacks reports. Bridgeline Digital had a negative return on equity of 17.25% and a negative net margin of 10.75%.The company had revenue of $3.92 million for the quarter, compared to analysts’ expectations of $4.55 million.

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 Trading Down 5.0%

BLIN traded down $0.05 on Friday, hitting $0.94. The company had a trading volume of 39,161 shares, compared to its average volume of 30,721. The firm has a market cap of $11.84 million, a P/E ratio of -6.27 and a beta of 0.99. Bridgeline Digital has a 1 year low of $0.69 and a 1 year high of $1.83. The company’s fifty day moving average price is $0.91 and its 200 day moving average price is $0.93. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.02.

Institutional Trading of Bridgeline Digital

Institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC purchased a new stake in Bridgeline Digital in the 3rd quarter valued at about $41,000. DRW Securities LLC purchased a new stake in Bridgeline Digital in the 4th quarter valued at about $45,000. Finally, Lido Advisors LLC purchased a new stake in Bridgeline Digital in the 4th quarter valued at about $48,000. 15.08% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Bridgeline Digital in a report on Wednesday, January 21st. One 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.

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.