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

Bridgeline Digital

28/12/2023 18:58

* Bridgeline Digital Inc  BLIN.OQ  reported a quarterly
adjusted
loss of 5 cents​​ per share for the quarter ended in September,
identical to the same quarter last year.  The mean expectation
of three analysts for the quarter was for a loss of 6 cents per
share. Wall Street expected results to range from -7 cents to -5
cents per share.
    * Revenue fell 9.8% to $3.80 million from a year ago;
analysts
expected $3.82 million. 
    * Bridgeline Digital Inc's reported EPS for the quarter was
a loss
of 77 cents​.
    * The company reported a quarterly loss of $8.06 million.
    * Bridgeline Digital Inc shares had risen by 8.1% this
quarter and
lost 14.5% so far this year.

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." 
    * Wall Street's median 12-month price target for Bridgeline
Digital Inc is $3.75 

This summary was machine generated from LSEG data December 28 at
06:58 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
 Sep. 30 2023      -0.06          -0.05          Beat
 Jun. 30 2023      -0.06          -0.07          Missed
 Mar. 31 2023      -0.04          -0.05          Missed
 Dec. 31 2022      -0.04          -0.01          Beat