Bridgeline Digital (BLIN) Reports Q1 Loss of $0.02/Share
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Bridgeline Digital Announces 11.3% Increase in SaaS Revenues, Continued Margin Improvement for First Quarter of Fiscal 2017
February 13, 2017 4:01 PM ESTSaaS License Revenue Increases 11.3%
Company Generates Positive Adjusted EBITDA
BURLINGTON, Mass., Feb. 13, 2017 (GLOBE NEWSWIRE) -- Bridgeline Digital, Inc. (NASDAQ: BLIN), The Digital Engagement Company, today announced financial results for its fiscal first quarter ended December 31, 2016.
We made significant progress in the first quarter, including double-digit year-over-year increases in both SaaS and iAPPS recurring revenue, said Ari Kahn, Bridgelines President and Chief Executive Officer. In addition, gross margin improved more than six percentage points, validating our strategic shift to a higher-margin SaaS... More
