Bridgeline Digital (NASDAQ:BLIN) Announces Earnings Results, Beats Estimates By $0.02 EPS

Bridgeline Digital (NASDAQ:BLIN) issued its quarterly earnings data on Wednesday. The software maker reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02, Zacks reports. Bridgeline Digital had a negative net margin of 65.95% and a negative return on equity of 74.05%. The business had revenue of $3.94 million during the quarter, compared to analyst estimates of $3.81 million. During the same period last year, the business posted ($0.07) earnings per share.

Bridgeline Digital Stock Up 1.0 %

NASDAQ:BLIN traded up $0.01 during mid-day trading on Friday, hitting $0.90. 11,637 shares of the company’s stock were exchanged, compared to its average volume of 44,938. The company has a market cap of $9.36 million, a PE ratio of -0.95 and a beta of 1.92. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.69 and a quick ratio of 0.69. Bridgeline Digital has a one year low of $0.70 and a one year high of $1.42. The business has a fifty day moving average price of $0.94 and a 200 day moving average price of $1.05.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. StockNews.com initiated coverage on Bridgeline Digital in a research note on Sunday, August 11th. They issued a “hold” rating for the company. Westpark Capital assumed coverage on Bridgeline Digital in a report on Tuesday, July 23rd. They issued a “hold” rating for the company.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.