Bridgeline Digital (NASDAQ:BLIN – Get Free Report) announced its quarterly earnings data on Wednesday. The software maker reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02, Zacks reports. The company had revenue of $3.94 million for the quarter, compared to analysts’ expectations of $3.81 million. Bridgeline Digital had a negative net margin of 65.95% and a negative return on equity of 74.05%. During the same period in the previous year, the company posted ($0.07) EPS.
Bridgeline Digital Price Performance
Shares of NASDAQ BLIN traded up $0.02 during trading on Friday, hitting $0.91. 400 shares of the company were exchanged, compared to its average volume of 44,866. The company has a market cap of $9.48 million, a price-to-earnings ratio of -0.91 and a beta of 1.92. Bridgeline Digital has a 1 year low of $0.70 and a 1 year high of $1.42. The firm’s fifty day moving average price is $0.94 and its 200 day moving average price is $1.05. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.69 and a quick ratio of 0.69.
Wall Street Analyst Weigh In
Several brokerages have issued reports on BLIN. Westpark Capital began coverage on shares of Bridgeline Digital in a research note on Tuesday, July 23rd. They issued a “hold” rating on the stock. StockNews.com began coverage on shares of Bridgeline Digital in a research note on Sunday, August 11th. They issued a “hold” rating on the stock.
About Bridgeline Digital
Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.
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