Bridgeline Digital Inc
NASDAQ:BLIN
Bridgeline Digital Inc
Bridgeline Digital, Inc. is an information technology company. The company is headquartered in Woburn, Massachusetts. The company went IPO on 2007-06-29. The Company’s Unbound platform is a digital experience platform, which includes Web content management, e-commerce, e-marketing, social media management and Web analytics. Its Woorank SRL (Woorank) is a search engine optimization (SEO) audit tool, which generates an instant audit of the site’s technical, on-page and off-page SEO. Woorank’s insights help companies to increase their search ranking, Website traffic, audience engagement, conversion and customer retention rates. Its Hawk Search, Inc. (Hawk Search) is a search, recommendation and personalization application, built for marketers, merchandisers and developers, which enhances, normalizes and enriches a customer's site search and browse experience. Hawk Search leverages advanced artificial intelligence, machine learning and industry analyzers.
Bridgeline Digital, Inc. is an information technology company. The company is headquartered in Woburn, Massachusetts. The company went IPO on 2007-06-29. The Company’s Unbound platform is a digital experience platform, which includes Web content management, e-commerce, e-marketing, social media management and Web analytics. Its Woorank SRL (Woorank) is a search engine optimization (SEO) audit tool, which generates an instant audit of the site’s technical, on-page and off-page SEO. Woorank’s insights help companies to increase their search ranking, Website traffic, audience engagement, conversion and customer retention rates. Its Hawk Search, Inc. (Hawk Search) is a search, recommendation and personalization application, built for marketers, merchandisers and developers, which enhances, normalizes and enriches a customer's site search and browse experience. Hawk Search leverages advanced artificial intelligence, machine learning and industry analyzers.
Core Product Growth: HawkSearch and AI products now make up 60% of Bridgeline's total revenue, with core product revenue growing 17% quarter-over-quarter to $2.4 million.
Subscription Expansion: HawkSearch represents 63% of subscription revenue, and net revenue retention for core products was 107%, demonstrating high customer satisfaction and strong upsell trends.
Rising Customer Value: Average ARR per new customer increased 12% to $28,000 this quarter, and average HawkSearch subscription per customer reached $33,000, up from $30,000 last quarter.
Profitability Improvement: Net loss narrowed to $100,000 from $600,000 last year, and adjusted EBITDA turned positive at $122,000 compared to negative $193,000 a year ago.
Stable Margins: Gross margin remained strong at 66%, and management expects combined gross margins to stay in the 65%–67% range going forward.
Strong Pipeline & Guidance: Management expects core products to exceed 70% of revenue this year and targets HawkSearch growth to reach 20% for fiscal 2026.
