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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.

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.

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Bridgeline Digital (NASDAQ: BLIN) has secured a partnership with a prominent German menswear retailer to implement its Celebros Search solution for eCommerce. Recognized as the largest plus-size menswear retailer in the German-speaking region, the retailer operates 14 stores in Germany, one in Austria, and two online platforms. Bridgeline's intelligent search technology leverages machine learning to enhance user experience and drive sales across multiple currencies and languages. CEO Ari Kahn emphasized the significance of product search in boosting conversions and the quick setup process that leads to positive ROI.

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Bridgeline Digital (NASDAQ: BLIN) reported its fiscal Q1 results for the period ending December 31, 2020, showing total revenue of $2.8 million, consistent year-over-year. Subscription and licenses revenue increased 15% to $2 million, accounting for 70% of total revenue. Gross profit rose 27% to $1.9 million, with a gross margin improvement to 66%.

Net loss narrowed to $1.2 million from $2.3 million a year prior, while Adjusted EBITDA was a gain of $672,000, compared to a loss of $670,000 in the prior year. The company aims to enhance its eCommerce360 strategy following the acquisition of Woorank SRL.

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Bridgeline Digital, Inc. (NASDAQ: BLIN) announced that a leading designer of beverage lifestyle accessories has implemented Celebros Search on their Magento store. This site search solution utilizes machine learning algorithms to enhance user experience by providing relevant search results. Following the implementation, the retailer observed a significant uptick in conversions, transactions, and revenue within weeks. CEO Ari Kahn highlighted the ease of setup and the quick realization of positive ROI as key benefits of choosing Celebros.

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Bridgeline Digital, Inc. (NASDAQ: BLIN) announced it will release its Q1 2021 financial results on February 11, 2021, at 4:30 p.m. ET. CEO Ari Kahn and CFO Mark G. Downey will host a live conference call to discuss the results, providing insights into the company's performance and future outlook. The call will be accessible via phone, with a replay available for one week. The press release emphasizes Bridgeline's role in enhancing online revenues through its Unbound platform.

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Bridgeline Digital, Inc. (NASDAQ: BLIN) announced a registered direct offering of 880,000 shares of common stock at $3.10 per share, aiming to raise approximately $2.7 million before expenses. The offering is led by Special Situations Funds and institutional investors, with Joseph Gunnar & Co., LLC as the lead placement agent. The net proceeds will be used for working capital and general corporate purposes. The offering's closing is expected around February 8, 2021, contingent on customary conditions. This follows a shelf registration statement declared effective on June 25, 2020.

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Bridgeline Digital, Inc. (NASDAQ: BLIN) announced plans to acquire Woorank SRL, pending approval. Woorank, an AI-driven tool, enhances online traffic and sales by optimizing SEO strategies. This acquisition aligns with Bridgeline's eCommerce360 strategy, aiming to boost traffic, conversion, and average order size. Woorank has a strong market presence, analyzing 50 million websites and generating 700 new accounts daily. The collaboration is expected to expedite Bridgeline's market strategies by 12 months and enhance their lead generation efforts.

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Bridgeline Digital, Inc. (NASDAQ: BLIN) has been chosen by the largest toy store chain in Indonesia to implement its Celebros Conversion Engine for their new Magento 2 eCommerce site. This partnership aims to enhance the customer experience and increase revenue opportunities through advanced AI-driven search and conversion technology. With an extensive catalog of popular brands, the toy store will leverage Bridgeline's intelligent machine learning capabilities to provide accurate, relevant product recommendations, ensuring a high-quality shopping experience.

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Bridgeline Digital, Inc. (NASDAQ: BLIN) announced that a prominent pharmacy group in Ireland has chosen its Celebros search technology to enhance its new eCommerce site. The pharmacy, known for its customer-centric approach, aims to improve the online shopping experience using Celebros' advanced artificial intelligence, which can handle complex search queries. Features include natural language processing and instant search results, ensuring customers find products quickly. CEO Ari Kahn expressed confidence that this partnership will boost revenue while maintaining the pharmacy's commitment to excellent customer care.

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Bridgeline Digital (NASDAQ: BLIN) announced a partnership with a prominent furniture retailer in Ireland to implement its Celebros Search for the retailer's new eCommerce site. This collaboration aims to enhance site search capabilities and improve customer experience as the retailer expands into online sales, a move accelerated by the COVID-19 pandemic. Bridgeline's Celebros software will utilize advanced artificial intelligence and natural language processing to optimize search results and drive traffic from search engines, enabling the retailer to efficiently manage their digital furniture catalog.

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Bridgeline Digital (NASDAQ: BLIN) has partnered with Mitra Adiperkasa to implement Celebros Search for the New Balance online store in Indonesia. This collaboration aims to enhance product discovery and recommendations through AI-driven technology. The Celebros Search solution integrates seamlessly with Magento, improving user experience by leveraging machine learning to analyze customer behavior. CEO Ari Kahn expressed gratitude towards MAP for their trust and highlighted the potential for increased sales via enhanced eCommerce functionalities.

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FAQ

What is the current stock price of Bridgeline Digital (BLIN)?

The current stock price of Bridgeline Digital (BLIN) is $1.25 as of December 24, 2024.

What is the market cap of Bridgeline Digital (BLIN)?

The market cap of Bridgeline Digital (BLIN) is approximately 13.0M.

What does Bridgeline Digital Inc. do?

Bridgeline Digital Inc. provides marketing technology solutions that enhance online revenue, conversion rates, and customer engagement through its comprehensive suite of products.

How does Bridgeline Digital generate revenue?

Bridgeline Digital generates revenue from digital engagement services, subscriptions, perpetual licenses, maintenance, and hosting, with most of its revenue coming from the United States.

What is Bridgeline Unbound?

Bridgeline Unbound is a suite of integrated products including web content management, eCommerce, eMarketing, social media management, and web analytics designed to maximize digital performance.

What are some recent achievements of Bridgeline Digital?

Recent achievements include the launch of the AI-powered HawkSearch Smart Search and partnerships with notable companies like Voltus GmbH, aimed at enhancing B2B eCommerce.

What is the HawkSearch 'Athena' update?

The 'Athena' update introduces GenAI capabilities like 'Smart Responses,' which engage users through interactive and personalized search queries, increasing engagement and revenue.

Who are Bridgeline Digital's customers?

Bridgeline's customers range from small and medium-sized businesses to Fortune 1000 companies, utilizing its platform for websites, online stores, portals, and intranets.

What industries does Bridgeline Digital serve?

Bridgeline Digital serves various industries, with significant customers in the electrical distribution sector and a strong presence in B2B eCommerce.

How does Bridgeline Digital help improve customer loyalty?

Bridgeline Digital helps improve customer loyalty by providing an integrated suite of products that enhance customer experiences and engagement across multiple digital channels.

What is the primary focus of Bridgeline Digital's technology?

The primary focus is to help companies grow online revenue by increasing web traffic, improving conversion rates, and maximizing average order value through innovative AI-powered solutions.

Where is Bridgeline Digital headquartered?

Bridgeline Digital is headquartered in Woburn, Massachusetts, USA.

Bridgeline Digital Inc.

Nasdaq:BLIN

BLIN Rankings

BLIN Stock Data

13.02M
8.33M
18.77%
3.78%
0.36%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
WOBURN