---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-003547"
form_type: "8-K"
ticker: "BLIN"
cik: "0001378590"
company_name: "Bridgeline Digital, Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:02:39.018432+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bridgeline Digital Q1 FY2023 revenue $4.1M, net loss $0.1M vs net income $1.9M YoY

## Summary
- Total revenue $4.1M, down from $4.3M YoY; subscription revenue $3.2M vs $3.4M.
- Net loss $0.1M vs net income $1.9M in prior year; adjusted EBITDA flat at $0.1M.
- SaaS license sales of $0.5M total contract value to 22 customers; 125+ renewals.
- HawkSearch organic growth 18% CAGR; search now >50% of SaaS revenue.
- Partnerships with Duda (150+ WooRank sales) and Shopify for e360 dashboard.

## SEC filing metadata
- accession: 0001437749-23-003547
- form_type: 8-K
- ticker: BLIN
- cik: 0001378590
- company_name: Bridgeline Digital, Inc.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378590/000143774923003547/0001437749-23-003547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378590/000143774923003547/blin20230213_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-003547
- JSON: https://secwatch.observer/filing/0001437749-23-003547.json
- Plain text: https://secwatch.observer/filing/0001437749-23-003547.txt

## Key facts
- Earnings Releases
  Bridgeline Digital, Inc. reported first quarter of fiscal year 2023 results: revenue $4.1 million, net income $0.1 million.
  - Period: first quarter of fiscal year 2023
  - Revenue: $4.1 million
  - Net income: $0.1 million
  - Result: reported results
  source text: and grew organically by 18% CAGR. Search now accounts for more than half of our SaaS revenue.” Financial Highlights – First Quarter of Fiscal Year 2023: ● Total revenue was $4.1 million, compared to $4.3 million in the prior year period. ● Subscription and licenses revenue was $3.2 million, compared to $3.4 million in the prior year period. ● Gross profit was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378590/000143774923003547/0001437749-23-003547-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
