Shares of cloud-based marketing technology software firm Bridgeline Digital Inc. (BLIN) fell -12.19% in after-hours trading on Thursday. The decline came in with the announcement of quarterly results by the company after the ring of the bell on the day.
Get the hottest stocks to trade every day before the market opens 100% free. Click here now.
What happened?
When it comes to discovering hidden gems within the stock market, Stock Wire News has consistently provided invaluable insights. Stock Wire News invites you to explore their upcoming Wealth Building Report. This report will shine a spotlight on little-known companies with the potential for substantial growth in 2024, and it's completely FREE for a limited time.
Claim the free report now by clicking here and start discovering the hidden gems of the market
Sponsored
With about 83,870 shares changing hand after the regular session, the stock price of the BLIN took a dip of -12.19% coming down to $3.53. In the regular session, it was a gain of 4.15% to $4.02 for the stock in trading of 783,416 shares.
Read More
What the company do:
Serving as a digital interaction organization in the United States, Bridgeline’s Unbound platform helps enterprises and entrepreneurs to create websites, mobile apps, and online stores. The platform provides a content management system and marketing automation engine through Bridgeline Unbound Experience Manager while providing support to non-technical users in developing, updating, and publishing content via a browser-based interface using the company’s Bridgeline Unbound Content Manager. The platform provides online B2B and B2C commerce solutions through Bridgeline Unbound Commerce allowing users to handle commerce projects not only domestically but internationally as well.
Recent earnings and revenue:
Bridgeline suffered a quarterly loss of -$0.15 versus analysts’ estimates of $0.04 while it was earnings of $0.15 an in the year-ago quarter.
Analysts had expected Bridgeline to report $2.87 million in revenues for the quarter ended December 2020, but it posted $2.84 million, missing the estimate by 1.53%. In comparison, the company’s revenues in the previous year were $2.83 million.
For now, Bridgeline Digital has not released its earnings forecast or revenue guidance.
Get the hottest stocks to trade every day before the market opens 100% free. Click here now.
Stock performance:
BLIN’s year-to-date success saw the stock stand at 55.81%, with its performance just weaker at 14.86% for the last 7 days. The stock price is up 47.79% over one month and 85.25% over the three-month period. Its success over the last six months is 52.27% and much better over its 52-week period, at 161.04%.