Bridgeline Digital (NASDAQ:BLIN – Get Rating) is set to issue its quarterly earnings data after the market closes on Thursday, May 12th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter.
Bridgeline Digital (NASDAQ:BLIN – Get Rating) last announced its quarterly earnings results on Thursday, February 10th. The software maker reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.13. The business had revenue of $4.29 million during the quarter, compared to analysts’ expectations of $4.36 million. Bridgeline Digital had a negative net margin of 24.84% and a negative return on equity of 28.74%. During the same quarter in the prior year, the company posted ($0.26) EPS. On average, analysts expect Bridgeline Digital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
BLIN traded up $0.06 during trading on Wednesday, hitting $1.28. 995 shares of the stock traded hands, compared to its average volume of 116,212. The firm has a market capitalization of $12.94 million, a P/E ratio of -1.22 and a beta of 2.77. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.33 and a quick ratio of 1.33. The firm has a 50-day moving average of $1.75 and a 200 day moving average of $2.22. Bridgeline Digital has a 12-month low of $1.20 and a 12-month high of $14.38.
A number of hedge funds and other institutional investors have recently modified their holdings of BLIN. Geode Capital Management LLC raised its holdings in Bridgeline Digital by 92.6% in the 3rd quarter. Geode Capital Management LLC now owns 46,390 shares of the software maker’s stock worth $190,000 after purchasing an additional 22,306 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Bridgeline Digital by 57.3% in the 4th quarter. Renaissance Technologies LLC now owns 253,859 shares of the software maker’s stock worth $574,000 after purchasing an additional 92,427 shares in the last quarter. Squarepoint Ops LLC bought a new position in Bridgeline Digital in the 4th quarter worth $29,000. Finally, Virtu Financial LLC bought a new position in Bridgeline Digital in the 4th quarter worth $161,000. Institutional investors and hedge funds own 26.08% of the company’s stock.
Bridgeline Digital Company Profile (Get Rating)
Bridgeline Digital, Inc operates as a digital engagement company in the United States. The company's Bridgeline's Unbound platform enables companies and developers to create websites, web applications, and online stores. It offers Bridgeline Unbound Experience Manager, a marketing automation engine and content management system; Bridgeline Unbound Content Manager that enables non-technical users to create, edit, and publish content via a browser-based interface; and Bridgeline Unbound Commerce, an online B2B and B2C commerce solution that allows users to manage domestic and international commerce initiatives.
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