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

Bridgeline Digital (NASDAQ:BLIN) announced its quarterly earnings results on Thursday. The software maker reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01), Zacks reports. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%.

Bridgeline Digital Stock Down 3.9 %

Shares of BLIN stock traded down $0.08 during trading hours on Thursday, hitting $1.98. 136,124 shares of the company were exchanged, compared to its average volume of 233,553. Bridgeline Digital has a 52 week low of $0.75 and a 52 week high of $2.80. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.02. The business has a 50 day moving average of $1.67 and a two-hundred day moving average of $1.28. The company has a market capitalization of $20.63 million, a PE ratio of -10.42 and a beta of 1.88.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BLIN. Westpark Capital reissued a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday, December 24th. StockNews.com cut Bridgeline Digital from a “buy” rating to a “hold” rating in a report on Tuesday.

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.