Bridgeline Q2 revenue flat at $4.1M; net loss of $0.5M vs gain of $0.3M

Bridgeline Digital, Inc.

2023-Q2 EPS reported -$0.06 revenue$8,177,000

Total revenue $4.1M, flat YoY; subscription & licenses $3.3M, unchanged.
Gross margin improved to 69% from 68%; gross profit up 2% to $2.8M.
Operating loss widened to $0.7M from $0.6M; net loss $0.5M vs net gain $0.3M.
First-half revenue down 3% to $8.2M; net loss $0.6M vs net income $2.2M on lower warrant gains.
Product launches (Bronco), partnerships (accessiBe, Duda) and >$1.4M in new sales.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bridgeline Digital, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $4.1 million.

Period: the fiscal quarter ended March 31, 2023
Revenue: $4.1 million
Result: reported results

Exact text from the filing

faster implementation time and Industry Accelerator’s industry-specific artificial intelligence.” Financial Highlights – Second Quarter of Fiscal Year 2023 ● Total revenue was $4.1 million, compared to $4.1 million in the prior year period. ● Subscription and licenses revenue was $3.3 million, compared to $3.3 million in the prior year period. ● Gross profit was

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Bridgeline Digital, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-014841

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