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Bridgeline Digital Inc. (NASDAQ: BLIN) is a marketing technology company renowned for its innovative solutions that transform how brands engage with their customers. Bridgeline offers a comprehensive suite of products that help businesses boost online revenue by driving more traffic to their websites, converting visitors into purchasers, and increasing average order value. The company specializes in enhancing the performance of critical digital experiences such as websites, intranets, and online stores.
The company's flagship product suite, Bridgeline Unbound, integrates web content management, eCommerce, eMarketing, social media management, and web analytics, empowering businesses to maximize revenue, improve customer loyalty, enhance employee knowledge, and reduce operational costs. Bridgeline’s platform supports thousands of customers, ranging from small and medium-sized enterprises to Fortune 1000 companies.
Recent achievements include the deployment of AI-powered solutions like HawkSearch Smart Search, which enhances B2B eCommerce by providing personalized search experiences that drive faster conversions and higher sales. Notable partnerships include collaborations with companies such as Voltus GmbH and other significant clients in the electrical distribution industry.
Bridgeline Digital generates revenue through various channels including digital engagement services, subscription models, perpetual licenses, maintenance, and hosting. The majority of its revenue is derived from the United States.
With a commitment to continuous innovation, Bridgeline recently launched the HawkSearch "Athena" update, which introduces GenAI capabilities like “Smart Responses” to transform customer interactions, ensuring a more engaging and efficient user experience. This powerful AI-driven feature engages users with interactive, conversational dialogues based on search queries, thereby enhancing engagement and driving revenue growth.
As a global leader in AI-powered marketing technology, Bridgeline remains dedicated to helping companies grow their online revenue by increasing traffic, improving conversion rates, and maximizing order values, thereby ensuring a comprehensive and rewarding digital experience for all their clients.
Bridgeline Digital, Inc. (NASDAQ: BLIN) reported a remarkable 51% increase in total revenue for Q1 FY2022, totaling $4.3 million compared to $2.8 million last year. Subscription and licenses revenue surged 71% to $3.4 million, representing 80% of total revenue. Gross profit climbed 60% to $3 million, with a gross margin of 70%.
Despite these gains, the company reported an operating loss of $0.5 million.
Bridgeline Digital, Inc. (NASDAQ: BLIN) will announce its financial results for Q1 2022 on February 10, 2022, at 4:30 p.m. ET. CEO Ari Kahn and CFO Thomas Windhausen will host a live conference call to discuss the results. Interested parties can access the call at (877) 837-3910 (domestic) or (973) 796-5077 (international). A replay will be available for one week. Bridgeline specializes in cloud-based marketing technology, aiming to enhance online revenues through its Unbound platform and associated applications. For more details, visit their website.
Bridgeline Digital, Inc. (NASDAQ: BLIN) announced that a Fortune Top 100 technology company has implemented its site search software, Hawksearch, enhancing their online platform. This multi-year partnership adds to Bridgeline's portfolio, which includes collaborations with notable firms like AstraZeneca and UPS. The AI-powered capabilities of Hawksearch aim to boost conversions through improved navigation and recommendations. CEO Ari Kahn expressed pride in delivering enterprise-class solutions that drive ROI swiftly. Bridgeline continues to support various industries, including technology and retail.
Bridgeline Digital, Inc. (NASDAQ: BLIN) has been selected by a leading online promotional product company to implement its site search software, aimed at enhancing on-site search experiences and boosting revenue.
The promotional product company, which serves over 40,000 customers, aims to improve customer product discovery through Bridgeline's advanced algorithms and Natural Language Processing technology. This partnership reflects Bridgeline's growing prominence in the promotional product market as it continues to secure major clients to expand their eCommerce capabilities.
Bridgeline Digital reported fiscal 2021 revenue of $13.3 million, a 22% increase from the previous year. In Q4 2021, revenue reached $4.1 million, up 52% year-over-year. Subscription and licenses revenue grew by 67% to $3.4 million, contributing 82% of total revenue. Gross profit rose by 53% to $2.8 million, with a gross margin of 68%. Despite these gains, the company incurred a net loss of $1.3 million in Q4 2021, compared to a profit of $1.1 million in Q4 2020. Bridgeline aims to leverage its strong cash position for growth in 2022.
Bridgeline Digital, Inc. (NASDAQ: BLIN) is set to release its fourth quarter fiscal 2021 financial results on December 20, 2021, at 4:30 p.m. ET. The announcement includes a conference call hosted by President and CEO Ari Kahn and CFO Thomas Windhausen. This call aims to discuss the results, with a subsequent replay available for one week after the live event. Bridgeline focuses on boosting online revenues for companies through its Unbound platform, enhancing traffic, conversion rates, and average order value.
Bridgeline Digital, Inc. (NASDAQ: BLIN) announced that its site search product, Hawksearch, has been chosen by an Inc. 5000 IT solutions corporation to enhance conversion strategies on its BigCommerce platform. Hawksearch, known for its advanced features like high-volume SKU search and relevant recommendations, aims to improve the accuracy of search results for the client’s software products and services. This partnership is expected to drive revenue by delivering more conversion opportunities through an improved site search experience.
Bridgeline Digital (NASDAQ: BLIN) announced the selection of its new Hawksearch product by a prominent legal association that has been a long-time Unbound customer. This integration will enhance the association's ability to organize content and offer AI-driven recommendations, boosting online revenue. Hawksearch, introduced this year, aims to increase conversion rates for Unbound users, which is designed for franchises, eCommerce, and large corporations. CEO Ari Kahn highlighted the strong demand for Hawksearch among Unbound customers following recent acquisitions to expand their product offerings.
On December 7, 2021, Bridgeline Digital (NASDAQ: BLIN) announced that a German sports apparel business has selected its site search product to enhance lead augmentation. This partnership highlights the value of Bridgeline’s Natural Language Processing (NLP) technology, which is designed to improve the customer's ability to navigate a large range of sports apparel. CEO Ari Kahn expressed optimism about helping the partner increase revenue through this advanced site search solution, which is optimized for high SKU-count catalogs and multilingual applications.
Bridgeline Digital (NASDAQ: BLIN) announced that its Hawksearch product has been selected by a major trading card company to enhance their online search capabilities. This marks Bridgeline's third significant win in the trading card sector. The global sports trading card market is valued at $14 billion and expected to reach $100 billion by 2027. Hawksearch will leverage AI to manage a catalog of over 40,000 items, improving user search experiences and driving sales.
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