earnings
confidence high
sentiment positive
materiality 0.70
Bridgeline Digital reports FY2022 revenue up 27% to $16.8M; net income of $2.1M vs loss
Bridgeline Digital, Inc.
- Subscription & license revenue rose 36% to $13.6M; gross margin improved to 70% from 66%.
- Q4 revenue $4.2M (+3% YoY); net loss narrowed to $0.5M from $1.4M.
- Added 28 SaaS licenses in Q4 with $340K ARR; over 100 renewals including Caterpillar, AstraZeneca.
- Expanded executive team with John Murcott as EVP Products & Strategy.
- New partnerships with Niteco and Thanx Media; HawkSearch available on BigCommerce Multi-Storefront.