Bridgeline Digital, Inc. (BLIN) Misses Q1 EPS by 9c
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Bridgeline Digital Announces Financial Results for Second Quarter and First Six Months of Fiscal 2014
May 15, 2014 4:06 PM EDTSubscription and Perpetual License Revenue Increased 30%
Recurring Revenue Increased 23%
BURLINGTON, Mass., May 15, 2014 (GLOBE NEWSWIRE) -- Bridgeline Digital, Inc. (Nasdaq: BLIN), The Digital Engagement Company, today announced financial results for its second quarter ended March 31, 2014.
"While we are disappointed in our short-term results, Bridgeline continues to execute against its long-term strategic plan to strengthen and grow a high traction, scalable iAPPS business model," said Thomas Massie, Bridgeline Digital's President and Chief Executive Officer. "With our growing backlog now exceeding $20M, we look forward to significant iAPPS SaaS revenue growth in... More
