Business
Bridgeline Announces Financial Results for the First Quarter of Fiscal 2025
WOBURN, MA / ACCESS Newswire / February 13, 2025 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, today announced
About this update from Bridgeline Digital, Inc.
[{"type":"text","content":"WOBURN, MA / ACCESS Newswire / February 13, 2025 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, today announced financial results for its fiscal 2025 first quarter, which ended December 31, 2024.\"Bridgeline's momentum in AI-powered search continues to accelerate, with $2.7 million in new contracts signed this quarter and an $800,000 boost in annual contract value,\" said Ari Kahn, Bridgeline's President and Chief Executive Officer. \"Our leadership in site search AI is driven by innovations like Agentic-AI, Smart Search, and Smart Response - technologies that power top brands and generate real revenue growth. With ever expanding partnerships across Salesforce, Optimizely and BigCommerce, we are positioned to capture even greater market share in 2025.\"Financial HighlightsTotal revenue, which is comprised of Licenses and Services revenue, of $3.8 million for the quarter ended December 31, 2024, increased from the prior year comparable period.Subscription and licenses revenue, while down 1% from the prior year comparable period, increased from the previous quarter ending September 30, 2024.Both total revenue from our Core products and subscription and licenses revenue from our Core products grew by over 10% CAGR.Our Core product Net Revenue Retention (\"NRR\") was 107% for the quarter ended December 31, 2024.Sales HighlightsIn the first quarter of fiscal year 2025, Bridgeline sold 28 new subscription contracts for $2.7 million in total contract value adding over $800,000 in Annual Recurring Revenue.Bridgeline continues to build this momentum within the first quarter of fiscal 2025 with new contracts with Brady Plus, JonDon, Aftermarket Auto Parts Alliance, and Montefiore Health System. Bridgeline plans to build on this momentum by deepening its presence in B2B industries through targeted partnerships and events in 2025.HawkSearch's success stems from groundbreaking AI capabilities, including its Smart Search and Smart Response features, which lead the deployment of large language models and Generative AI technology. In 2025, HawkSearch will expand its product line with Agentic-AI innovations, designed to drive even higher online revenue for its customers.Product HighlightsThe Hermes release introduced powerful innovations including Hybrid Search, New Preview, keyword performance notificatio...