Bridgeline Q2 revenue $3.8M down 7% YoY, net loss widens to $0.6M

Bridgeline Digital, Inc.

2024-Q2 EPS reported -$0.12 revenue$7,559,000

Total revenue $3.8M vs $4.1M Q2 2023; subscription revenue $3.0M (79% of total).
Net loss $0.6M vs $0.5M a year ago; operating loss narrowed to $0.5M from $0.7M.
Gross margin decreased to 66% from 69%; subscription gross margin 71% vs 74%.
Launched Smart Search Zeus with Concept Search and Image Search for eCommerce.
Sold ~50 new licenses in H1 2024; partnerships with BigCommerce, Optimizely, CSS Commerce.

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 first 6 months of fiscal year 2024 results: revenue $7.6 million.

Period: first 6 months of fiscal year 2024
Revenue: $7.6 million
Result: reported results

Exact text from the filing

Total revenue was $7.6 million, compared to $8.2 million in the prior year period.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bridgeline Digital, Inc. reported the fiscal second quarter ended March 31, 2024 results: revenue $3.8 million.

Period: the fiscal second quarter ended March 31, 2024
Revenue: $3.8 million
Result: reported results

Exact text from the filing

Total revenue was $3.8 million, compared to $4.1 million in the prior year period.

View on SEC.gov

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Bridgeline Digital, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-017480

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