secwatch.observer — SEC 8-K summary
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Issuer:     Bridgeline Digital, Inc. (BLIN)
CIK:        0001378590
Form:       8-K
Filed at:   2022-02-11T23:59:59+00:00
Accession:  0001437749-22-003159
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridgeline Q1 revenue up 51% to $4.3M; net income $1.9M vs prior year loss
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- Total revenue $4.3M (+51% YoY); subscription & licenses revenue $3.4M (+71% YoY).
- Net income $1.9M ($0.18 basic EPS) vs net loss $1.2M ($0.26 loss) in prior year.
- Gross margin expanded to 70% from 66%; operating loss of $0.5M vs income of $0.2M.
- Adjusted EBITDA fell to $0.1M from $0.7M, impacted by acquisition costs.
- Acquisitions of WooRank and Hawksearch drove customer base to over 2,000 and enabled cross-selling.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378590/000143774922003159/0001437749-22-003159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378590/000143774922003159/blin20220211_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-003159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer