earnings
confidence high
sentiment neutral
materiality 0.45
Bridgeline Q3 fiscal 2024 net loss narrows to $0.3M; revenue flat at $3.9M
Bridgeline Digital, Inc.
2024-Q3 EPS reported
-$0.15
revenue$11,495,000
- Q3 total revenue $3.9M (flat YoY); subscription revenue $3.0M, down from $3.2M.
- Net loss improved to $0.3M from $0.8M YoY; operating loss $0.4M vs $0.7M.
- Nine-month revenue $11.5M (down from $12.1M); net loss $1.5M vs $1.4M.
- Signed $1.4M in new contracts with 23 license sales, adding >$400K ARR.
- HawkSearch GenAI 'Athena' update launched; Gartner Magic Quadrant recognition.