Bridgeline Digital (BLIN) Scheduled to Post Earnings on Friday

Bridgeline Digital (NASDAQ:BLINGet Free Report) will be releasing its earnings data on Friday, August 11th.

Bridgeline Digital (NASDAQ:BLINGet Free Report) last announced its quarterly earnings data on Monday, May 15th. The software maker reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). Bridgeline Digital had a negative return on equity of 3.27% and a negative net margin of 4.00%. The business had revenue of $4.09 million during the quarter, compared to the consensus estimate of $4.00 million. On average, analysts expect Bridgeline Digital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bridgeline Digital Price Performance

BLIN stock opened at $1.03 on Thursday. The firm has a market cap of $10.68 million, a P/E ratio of -14.64 and a beta of 2.24. The firm’s fifty day moving average is $1.17 and its 200 day moving average is $1.06. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.86 and a current ratio of 0.86. Bridgeline Digital has a 52 week low of $0.87 and a 52 week high of $1.68.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Bridgeline Digital in a research report on Wednesday. They issued a “hold” rating for the company.

Check Out Our Latest Stock Analysis on BLIN

Hedge Funds Weigh In On Bridgeline Digital

An institutional investor recently raised its position in Bridgeline Digital stock. Renaissance Technologies LLC grew its holdings in Bridgeline Digital, Inc. (NASDAQ:BLINFree Report) by 28.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 326,200 shares of the software maker’s stock after buying an additional 72,341 shares during the quarter. Renaissance Technologies LLC owned approximately 3.23% of Bridgeline Digital worth $623,000 at the end of the most recent quarter. 25.54% of the stock is currently owned by hedge funds and other institutional investors.

About Bridgeline Digital

(Get Free Report)

Bridgeline Digital, Inc operates as a marketing technology company in the United States. 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.

Recommended Stories

Earnings History for Bridgeline Digital (NASDAQ:BLIN)

Receive News & Ratings for Bridgeline Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgeline Digital and related companies with MarketBeat.com's FREE daily email newsletter.