Bridgeline Digital Q3 FY2022 revenue up 22% to $4.2M; net income $0.4M

Bridgeline Digital, Inc.

2022-Q3 EPS reported $0.25 revenue$12,609,000

Total revenue $4.2M (+22% YoY); subscription & licenses revenue $3.4M (+29% YoY).
Gross profit $2.9M (+30%); gross margin improved to 70% from 65%.
Net income $0.4M vs net loss $3.6M in prior year; warrant liability gain $0.8M.
Closed 23 license sales (11 cross-sell, 12 new); Hawksearch drove growth with BigCommerce, Kentico, Optimizely.
Negotiated $600,000 discount on Hawksearch earnout for early payment.

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