The chart below shows how BLIN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BLIN sees a -2.84% change in stock price 10 days leading up to the earnings, and a -0.54% change 10 days following the report. On the earnings day itself, the stock moves by +1.36%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Strong Sales Momentum: In Q1 FY 2025, Bridgeline signed 28 license sales, generating $2.7 million in new contracts and adding $800,000 in annual contract value, indicating strong sales momentum.
Sales Cycle Efficiency: The company achieved a sales cycle of only 105 days with an impressive 18% win rate on qualified leads, showcasing effective sales strategies and product demand.
Hawk Search Revenue Growth: Core revenue from Hawk Search products reached $2.1 million with double-digit growth and a net revenue retention rate of 107%, reflecting strong customer loyalty and product performance.
Cost Management Success: Operating expenses decreased by 4% to $3 million compared to the prior year, demonstrating effective cost management while reallocating resources towards sales and marketing.
Partnerships Driving Sales Growth: Bridgeline's partnerships with major platforms like Salesforce and BigCommerce are expected to enhance market reach and drive further sales growth, supported by the recent launch of the BigCommerce Catalyst Connector.
Negative
Revenue Stagnation Analysis: Total revenue for Q1 FY 2025 was $3,800,000, unchanged from the prior year, indicating stagnation in growth despite market opportunities.
Subscription Revenue Decline: Subscription license revenue decreased by 1% to $3,000,000 from $3,100,000 in the prior year, reflecting a decline in core revenue streams.
Gross Profit Decline: Gross profit fell to $2,500,000, down 1% from approximately $2,600,000 in the prior year, resulting in a slight decrease in gross profit margin from 68% to 67%.
Steady Net Loss: Net loss remained steady at $600,000 for Q1 FY 2025, showing no improvement compared to the same period last year, indicating ongoing financial challenges.
Declining Adjusted EBITDA: Adjusted EBITDA worsened to negative $193,000 from negative $117,000 in the prior year, highlighting deteriorating operational efficiency.
Earnings call transcript: Bridgeline Digital Q4 2024 sees flat revenue, stock dips
BLIN.O
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