Welcome to our dedicated page for Bridgeline news (Ticker: BLIN), a resource for investors and traders seeking the latest updates and insights on Bridgeline stock.
Bridgeline Digital Inc (BLIN) delivers AI-powered marketing technology that transforms digital customer experiences through integrated search, content management, and commerce solutions. This news hub provides investors and professionals with essential updates on the company's strategic developments in intelligent marketing automation and digital engagement tools.
Access real-time announcements covering product innovations, partnership expansions, and financial performance. Stay informed about BLIN's advancements in AI-driven search technology, including HawkSearch implementations and integrations with leading platforms like Salesforce and BigCommerce. The curated news collection enables efficient tracking of the company's progress in enhancing eCommerce personalization and omnichannel marketing capabilities.
Key updates include earnings reports, technology deployments, strategic collaborations, and market expansion initiatives. All content is verified for accuracy and relevance to support informed decision-making. Bookmark this page for streamlined access to Bridgeline Digital's latest developments in marketing automation and digital transformation solutions.
Bridgeline Digital (NASDAQ: BLIN) announced its financial results for the third quarter ended June 30, 2024. The company reported total revenue of $3.9 million, consistent with the prior year period. Subscription and licenses revenue was $3.0 million, slightly down from $3.2 million. Gross profit increased to $2.7 million from $2.6 million, with the gross margin improving to 69%. However, the company reported a net loss of $0.3 million, narrowed from $0.8 million in the same period last year.
For the first nine months of FY2024, total revenue was $11.5 million, compared to $12.1 million in the prior year. Subscription and licenses revenue was $9.1 million, down from $9.7 million. The gross profit for this period stood at $7.8 million, down from $8.3 million, while the gross margin remained steady at 68%.
Bridgeline signed $1.4 million in new customer contracts and saw AI advancements drive product sales. HawkSearch was recognized by Gartner, Info-Tech, and FeaturedCustomers. Partnerships with BigCommerce and Optimizely were highlighted.
Bridgeline Digital, Inc. (NASDAQ: BLIN), a leader in AI-powered marketing technology, has announced the release of its financial results for the third quarter of fiscal 2024. The results will be made public after market close on Wednesday, August 14, 2024. Following the release, the company will host a live conference call at 4:30 p.m. ET on the same day to discuss the financial outcomes.
The call will be led by Ari Kahn, Bridgeline's President and CEO, and Thomas Windhausen, the CFO. Interested participants are encouraged to register in advance using the provided URL. Upon registration, they will receive dial-in numbers and a unique PIN for access to the call.
Bridgeline Digital (NASDAQ: BLIN) announced that a large pin and accessories retailer has chosen its AI-powered HawkSearch solution for its BigCommerce site. The retailer will utilize HawkSearch's Rapid UI and Recommendations features to enhance sales and improve the shopping experience. Rapid UI allows for quick implementation of industry-tailored features without extensive developer involvement, while Recommendations creates personalized shopping experiences to increase average order size.
The AI-powered search capabilities of HawkSearch are designed to create easily navigable online shopping experiences that drive sales. For example, when a customer searches for 'Sport Pins' and selects a 'Baseball Chenille Pin', HawkSearch will recommend other sport-themed pins and pins with chenille material, facilitating product discovery and potentially increasing sales.
Bridgeline Digital, Inc. (NASDAQ: BLIN) announced that Grizzly Industrial, a leading industrial supplier of woodworking and metalworking machinery, has chosen HawkSearch to power search on its eCommerce website. HawkSearch will enhance Grizzly's product discovery with features tailored to the machinery industry, including advanced part number search, unit of measurement conversion, and merchandising tools for product-specific campaigns.
Brian Jensen, Marketing Director for Grizzly Industrial, praised HawkSearch's flexibility and consistent results. The system efficiently handles both partial details and functional descriptions, as demonstrated by its ability to suggest relevant matches for inputs like 'table saw' or specific models. This implementation adds to Bridgeline's growing presence in the industrial supply sector, alongside other clients like Woodcraft and Northern Tool.
Bridgeline Digital, Inc. (NASDAQ: BLIN) has announced that a national aftermarket automotive parts retailer has selected its AI-powered HawkSearch to enhance product discovery on their eCommerce website. The retailer will utilize HawkSearch's Smart Search features to boost sales by providing more accurate and personalized search results.
Smart Search allows customers to input concepts or questions, such as "What do I need to fix my 2011 Jeep Wrangler's fuel pump?" and receive relevant results for fuel pumps and related parts specific to the vehicle model. Additionally, customers can use image recognition to find exact replacement parts by taking a picture with their smartphone.
Ari Kahn, CEO of Bridgeline, emphasized the company's commitment to supporting revenue growth for eCommerce retailers through HawkSearch's AI-powered search capabilities.
Bridgeline Digital's CEO, Ari Kahn, has been named one of the most innovative leaders to watch in 2024 by Biztech Outlook. Recognized as an "AI Pioneer", Kahn's leadership has been instrumental in developing HawkSearch's new Smart Search, an AI-powered tool designed to boost eCommerce sales through concept and visual search capabilities.
Kahn, who holds a PhD in Artificial Intelligence, leverages his expertise to keep Bridgeline at the forefront of AI technology. The recognition highlights Bridgeline's commitment to driving revenue for eCommerce customers through innovative AI solutions. Bridgeline Digital (NASDAQ: BLIN) specializes in AI-powered marketing technology aimed at increasing online revenue by improving traffic, conversion rates, and average order value.
Bridgeline Digital (NASDAQ: BLIN) announced on July 11, 2024, that a global AI technology company has chosen its HawkSearch software to facilitate multilingual search across nine languages. The AI firm will integrate HawkSearch into its Sitefinity-based website, enabling users to navigate content in three subdomains: Site Search, Newsroom, and Resource Library. HawkSearch supports up to fifty languages and various writing systems, enhancing user experience by providing search results in the language of the query. Bridgeline's CEO, Ari Kahn, emphasized that this partnership underscores the company's commitment to AI-driven innovation in site search technology.
Bridgeline Digital (NASDAQ: BLIN) has been selected by a top 10 electrical distributor in the U.S. to deploy its AI-powered HawkSearch technology across nearly one thousand local store websites. HawkSearch's advanced merchandising capabilities are set to enhance navigation and boost sales for the distributor's five million product catalog. A key feature, Multi-Engine Management (MEM), enables centralized control and local customization, streamlining product updates and data distribution across hundreds of stores. Bridgeline's CEO highlighted that the MEM feature addresses the complexity and cost of managing a vast network of websites, driving revenue growth both centrally and locally.
Bridgeline Digital, a leader in AI-driven marketing tech, announced that a major calendar retailer has adopted its HawkSearch to enhance product discovery on its eCommerce platform. HawkSearch uses AI to deliver a personalized user experience, aiming to boost sales through features like Smart Search and Recommendations. For example, a search for a specific type of day planner will yield highly relevant results. Additionally, related product recommendations are tailored to increase the average order size. Ari Kahn, CEO of Bridgeline, emphasized the importance of this partnership for supporting revenue growth for online retailers.
Bridgeline Digital's HawkSearch has been named a BigCommerce Preferred Technology Partner, giving tens of thousands of BigCommerce customers access to its advanced AI-powered search capabilities. Starting June 20, 2024, BigCommerce users can integrate HawkSearch's Smart Search via the BigCommerce App Marketplace. Smart Search features next-gen AI, including conceptual and visual search, aiming to improve engagement and conversion rates. Tools like AI Content Assistant and Synonym Generators support the creation of optimal search experiences. Bridgeline CEO Ari Kahn emphasized the partnership's role in advancing e-commerce technology. Russell Klein, BigCommerce's chief commercial officer, highlighted the shared commitment to helping brands and retailers grow and succeed.
