Bridgeline Digital (NASDAQ:BLIN) Announces Quarterly Earnings Results

Bridgeline Digital (NASDAQ:BLIN) issued its quarterly earnings data on Monday. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01, Zacks reports. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%.

Bridgeline Digital Stock Performance

BLIN traded down $0.03 on Monday, hitting $1.46. 551,025 shares of the company traded hands, compared to its average volume of 56,155. Bridgeline Digital has a 12-month low of $0.75 and a 12-month high of $1.95. The company has a 50 day moving average of $1.19 and a 200-day moving average of $1.06. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $15.21 million, a PE ratio of -1.59 and a beta of 1.95.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Bridgeline Digital in a research report on Tuesday, December 17th. They issued a “hold” rating for the company.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.