other material
confidence high
sentiment positive
materiality 0.55
Bridgeline adds $690K in new license ARR in Q3; TruPresence grows, Hawksearch earnout saves $600K
Bridgeline Digital, Inc.
- Closed 23 license sales totaling over $690K ARR in fiscal Q3 ended June 30, 2022.
- TruPresence franchise product added over $100K ARR YTD; won Federal Credit Union, Belmetrics, Michael Murphy Sports.
- Existing customer renewals represented $1.7M TCV for 118 renewing customers including 7-Eleven and Shell.
- Negotiated discount on final Hawksearch earnout payment saves $600K due Jan 2023 in exchange for early payment.
- Released new Magento and Kentico connectors; won SAGE Publishing and a large financial institution for Hawksearch.