Bridgeline Digital Inc reports results for the quarter ended in December - Earnings Summary

Bridgeline Digital

14/02/2024 23:56

* Bridgeline Digital Inc  BLIN.OQ  reported a quarterly
adjusted
loss of 2 cents​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of -1 cents.  The mean expectation of three analysts for the
quarter was for a loss of 4 cents per share. Wall Street
expected results to range from -5 cents to -4 cents per share.
    * Revenue fell 8% to $3.76 million from a year ago; analysts
expected $3.94 million. 
    * Bridgeline Digital Inc's reported EPS for the quarter was
a loss
of 6 cents​.
    * The company reported a quarterly loss of $622 thousand.
    * Bridgeline Digital Inc shares had fallen by 3.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Bridgeline
Digital Inc is $3.75 
This summary was machine generated from LSEG data February 14 at
11:56 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.04          -0.02          Beat
 Sep. 30 2023      -0.06          -0.05          Beat
 Jun. 30 2023      -0.06          -0.07          Missed
 Mar. 31 2023      -0.04          -0.05          Missed