Bridgeline Digital (NASDAQ:BLIN) Issues Quarterly Earnings Results

Bridgeline Digital (NASDAQ:BLIN) issued its quarterly earnings data on Thursday. The software maker reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01), Zacks reports. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%.

Bridgeline Digital Trading Down 3.9 %

Shares of NASDAQ:BLIN traded down $0.08 during trading hours on Thursday, hitting $1.98. 136,830 shares of the company’s stock traded hands, compared to its average volume of 233,663. The firm has a market capitalization of $20.63 million, a P/E ratio of -10.42 and a beta of 1.88. The business has a fifty day moving average price of $1.67 and a 200-day moving average price of $1.28. Bridgeline Digital has a 1 year low of $0.75 and a 1 year high of $2.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.62 and a quick ratio of 0.62.

Analysts Set New Price Targets

Several analysts recently weighed in on BLIN shares. StockNews.com lowered Bridgeline Digital from a “buy” rating to a “hold” rating in a report on Tuesday. Westpark Capital reissued a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday, December 24th.

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.