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Bridgeline Digital, Inc. - $BLIN STOCK NEWS

Welcome to our dedicated page for Bridgeline Digital news (Ticker: $BLIN), a resource for investors and traders seeking the latest updates and insights on Bridgeline Digital stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bridgeline Digital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bridgeline Digital's position in the market.

Rhea-AI Summary

Bridgeline Digital's HawkSearch has been recognized in Gartner's inaugural Magic Quadrant for Search and Product Discovery, specifically for B2B Search. This acknowledgment highlights HawkSearch's innovative AI-powered Smart Search capabilities, which include keyword, concept, and image search across B2B eCommerce sites. CEO Ari Kahn stated that this recognition affirms HawkSearch's focus on innovation within B2B eCommerce. Gartner predicts that by 2026, generative AI-based conversational UI patterns in search and product discovery will disrupt traditional search methods, affecting at least 5% of the market. Bridgeline Digital aims to grow online revenue by enhancing traffic, conversion rates, and average order value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.79%
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none
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Rhea-AI Summary

Bridgeline Digital (NASDAQ: BLIN) reported Q2 2024 financial results with total revenue of $3.8 million, down from $4.1 million in Q2 2023. Subscription and licenses revenue fell to $3.0 million from $3.3 million, and gross profit decreased to $2.5 million from $2.8 million. Operating expenses dropped to $3.0 million from $3.5 million, resulting in an operating loss of $0.5 million compared to $0.7 million previously. The net loss increased to $0.6 million from $0.5 million. For the first half of 2024, total revenue decreased to $7.6 million from $8.2 million, with a net loss of $1.2 million, up from $0.6 million. Despite financial declines, the HawkSearch product launched 23 new sites, and the Zeus release featuring AI-powered Smart Search has shown promise in increasing sales conversion rates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.35%
Tags
-
Rhea-AI Summary

Bridgeline Digital, Inc. (NASDAQ: BLIN) will release its financial results for Q2 of fiscal 2024 on May 14, 2024. The company's President and CEO, Ari Kahn, and CFO, Thomas Windhausen, will host a live conference call at 4:30 p.m. ET on the same day to discuss the results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.34%
Tags
conferences earnings
Rhea-AI Summary

Bridgeline Digital, Inc. (NASDAQ: BLIN) has been named one of the top 20 E-commerce solution providers of 2024 by Icon Outlook Technology Magazine. The recognition highlights Bridgeline's innovations in AI technology, such as HawkSearch's Smart Search, driving revenue growth for leading e-commerce brands. CEO Ari Kahn expressed gratitude for the acknowledgment, emphasizing Bridgeline's commitment to AI-driven solutions that benefit e-commerce businesses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
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none
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Rhea-AI Summary

Bridgeline Digital, a leader in AI-powered marketing technology, partners with Be A Part Of to enhance ecommerce search experiences globally. The collaboration aims to revolutionize online shopping journeys by leveraging HawkSearch's advanced capabilities in search, product discovery, and recommendations. The partnership signifies a significant milestone in democratizing AI-powered search for ecommerce entities, focusing on driving engagement, conversions, and revenue maximization.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
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partnership
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Rhea-AI Summary

Bridgeline Digital, a global leader in AI-powered marketing technology, announced that an electrical distribution leader implemented Bridgeline's AI-powered search technology, HawkSearch, to enhance their eCommerce site on the Optimizely platform. The implementation aims to boost revenue through personalized user experiences and features like Measurement Conversion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
AI
Rhea-AI Summary

Bridgeline Digital, Inc. (NASDAQ: BLIN) has been selected by Voltus GmbH to power site search for its eCommerce site, aiming to increase online revenue through AI-powered features like autocomplete. Bridgeline's technology is set to enhance the shopping experience for electrical industry professionals and consumers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.47%
Tags
AI
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Rhea-AI Summary
Bridgeline Digital, Inc. announced a leading office-supply manufacturer implementing HawkSearch AI on its eCommerce site to enhance online revenue. The AI tool will optimize search results, increase conversions, and provide personalized recommendations. This partnership aims to improve the shopping experience and boost revenue for the manufacturer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
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none
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Rhea-AI Summary
Bridgeline Digital, Inc. partners with Springthrough Agency to utilize Bridgeline’s HawkSearch AI technology for eCommerce websites on the Sitefinity platform. The partnership aims to drive revenue growth through eCommerce search, product discovery, and recommendations, benefiting thousands of Progress Sitefinity customers. HawkSearch, a leading site search technology, will enhance Springthrough's eCommerce solutions, providing tailored digital solutions and enriched user experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.33%
Tags
partnership
Rhea-AI Summary
Bridgeline Digital, Inc. (BLIN) will showcase AI-Powered Search at the B2B Online conference in Chicago, IL, from May 6th to May 8th, 2024. The event focuses on helping manufacturers and distributors improve their eCommerce sites with AI technology to boost online revenue and stay ahead of the competition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
AI
Bridgeline Digital, Inc.

Nasdaq:BLIN

BLIN Rankings

BLIN Stock Data

11.88M
8.61M
17.32%
7.87%
1.22%
Software Publishers
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United States of America
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About BLIN

bridgeline digital provides solutions that transform how brands interact with their customers. bridging the gaps between marketing, content, commerce, social & insights. bridgeline enables marketers to deliver exceptional customer experiences. engage prospects and build customer relationships across multiple channels – empowering you to: attract, engage, nurture & convert! bridgeline digital helps customers maximize the performance of their complete digital experience – from websites and intranets to online stores and marketing campaigns. bridgeline enables customers to maximize revenue, improve customer loyalty, enhance employee knowledge, and reduce operational costs. the bridgeline unbound product suite deeply integrates web content management, ecommerce, emarketing, social media management, and web analytics. the bridgeline platform powers websites, online stores, portals and intranets for thousands of customers that range from small and medium-sized organizations to fortune 1000 c