Bridgeline Digital (NASDAQ:BLIN) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

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 analysts’ consensus estimates of ($0.05) by $0.01, Zacks reports. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. During the same period in the prior year, the company posted ($0.02) EPS.

Bridgeline Digital Trading Down 14.4 %

Bridgeline Digital stock opened at $1.25 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03. Bridgeline Digital has a 52 week low of $0.75 and a 52 week high of $1.95. The stock has a 50-day moving average price of $1.20 and a 200 day moving average price of $1.07. The company has a market capitalization of $13.02 million, a price-to-earnings ratio of -1.36 and a beta of 1.95.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BLIN shares. Westpark Capital restated a “hold” rating on shares of Bridgeline Digital in a report on Tuesday. StockNews.com initiated coverage on shares of Bridgeline Digital in a research note on Wednesday. They set a “hold” rating for the company.

About Bridgeline Digital

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.