earnings
confidence high
sentiment positive
materiality 0.70
Bridgeline Q2 revenue up 43% to $4.1M; net income of $0.3M vs loss
Bridgeline Digital, Inc.
2022-Q2 EPS reported
$0.10
revenue$8,403,000
- Total revenue $4.1M (+43% YoY); subscription/license rev $3.3M (+66% YoY).
- Gross margin improved to 68% from 63%; net income $0.3M vs net loss $0.6M.
- Operating loss widened to $0.6M from $0.1M on higher operating expenses.
- Closed 33 license sales (9 cross-sell, 24 new); launched TruPresence and eCommerce360 Dashboard.
- Won customers including 1-800 Radiators, Techo-Bloc, a top sports retailer, and a large U.S. bank.