BLIN

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is intentionally concentrating R&D and marketing investments into 'core' products, specifically the HawkSearch AI-powered suite, while using 'legacy' product profits to fund this growth. The company achieved a record-tying 9 new customer wins in Q3, attributed to successful ROI from a previous $2 million capital raise dedicated to sales and marketing lead generation. Core revenue now represents 62% of total revenue and 66% of subscription revenue, reflecting a strategic shift toward higher-valuation AI SaaS business models. HawkSearch's competitive advantage is rooted in its ability to handle complex B2B requirements, such as customer-specific pricing and large catalogs, which earned it Gartner's #1 ranking for B2B search for the second consecutive year. Operational efficiency has improved through the internal use of AI, allowing the company to maintain high advertising spend levels without significant cash burn. The sales cycle for core products has shown extreme velocity in certain segments, highlighted by a 14-day sales cycle for a wholesale distributor deployment. Management expects core products to exceed 70% of total revenue and 75% of subscription revenue by next year, which is anticipated to drive double-digit CAGR for the overall company. The financial strategy for 2027 prioritizes reinvesting all available capital into growth rather than maximizing bottom-line cash generation, aiming to avoid non-accretive capital raises. The company intends to remain roughly cash neutral in the near term, balancing discretionary spending like advertising against revenue growth to ensure at least one year of cash runway is maintained. Future product development is focused on the Aura AI Agent Framework to integrate product discovery with backend commerce workflows like inventory and order history. Management explicitly provided valuation frameworks for investors, suggesting core AI SaaS revenue be valued at approximately 3x while legacy revenue carries lower multiples. The company maintains a clean balance sheet with only $187,000 in total debt and $1.5 million in cash as of June 30, 2026. A significant portion of outstanding warrants (592,000 at $2.51) are set to expire in November 2026, which may impact the cap table in the short term. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. The company currently spends approximately $350,000 per quarter on lead generation and expects to maintain this level indefinitely. Synergies and AI-driven internal efficiencies allow for continued high-level marketing investment without exhausting remaining cash reserves. Management expects the 'tipping point' to occur next year when core revenue reaches 70-75% of the mix. Once core products dominate the revenue profile, management believes the stock will be valued more like a high-growth single-product SaaS company. The company will likely fluctuate between minor negative and minor positive cash flow quarters in 2027. CEO Ari Kahn emphasized that as the largest investor, he prefers investing in growth over bottom-line cash generation to maximize shareholder value and avoid non-accretive capital raises.

This article first appeared on GuruFocus. Total Revenue: $3.9 million for Q3 fiscal 2026, compared to $3.8 million in the prior year period. Subscription Revenue: $3.1 million, flat year-over-year, representing 79% of total revenue (down from 81% in the prior year). Services Revenue: $0.8 million, up from $700,000 in the prior year, representing 21% of total revenue (up from 19%). Gross Profit: $2.5 million, consistent with the prior year period. Gross Margin: Overall gross margin was 46%; subscription gross margin was 69% (down from 70% in the prior year); services margin was 47% (down from 50%). Operating Expenses: $3.0 million, down from $3.2 million in the prior year. Net Loss: $500,000, improved from a net loss of $800,000 in the prior year period. Adjusted EBITDA: Negative $102,000, improved from negative $330,000 in the prior year same period. Core Product Revenue: $2.4 million for the quarter, up from $2.2 million in the prior year period, with 13% growth in trailing 12 months. Core Revenue Mix: Core revenue now represents 62% of total revenue and 66% of subscription revenue, up from 57% and 58%, respectively, in the prior year quarter. Core Net Revenue Retention: 106%, reflecting strong retention and expansion across the core customer base. New Contracts: 19 new subscription contracts, including 9 new customer wins and 10 existing customer expansions, with $1.7 million in total contract value and more than $370,000 in annual recurring revenue. Cash Position: $1.5 million in cash as of June 30, 2026. Total Debt: $187,000 outstanding as of June 30, 2026, with a weighted average interest rate of 3.5%. Warning! GuruFocus has detected 3 Warning Signs with BLIN. Is BLIN fairly valued? Test your thesis with our free DCF calculator. Release Date: August 13, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Bridgeline Digital Inc (NASDAQ:BLIN) tied its record for new customer wins with 9 new logos in Q3 2026, alongside 10 existing customers expanding their licenses, resulting in 19 new subscription contracts and $1.7 million in total contract value. Core product revenue grew to $2.4 million in Q3 2026, up from $2.2 million in the prior year, with a 13% growth in trailing 12 months and core net revenue retention reaching 106%. HawkSearch was ranked number one for B2B search use case in Gartner's Critical Capabilities for Search and Product Discovery for the second consecutive year, reinforcing its market leadership. The company's strategic shift toward core products is progressing, with core revenue now representing 62% of total revenue and 66% of subscription revenue, up from 57% and 58% respectively in the prior year. Bridgeline Digital Inc (NASDAQ:BLIN) improved its net loss to $500,000 in Q3 2026 from $800,000 in the prior year period, and adjusted EBITDA improved to negative $102,000 from negative $330,000, showing progress toward profitability. The company maintains a clean balance sheet with low debt of $187,000 and a weighted average interest rate of 3.5%, providing financial stability for future investments. Total revenue growth remained modest at $3.9 million in Q3 2026, only slightly up from $3.8 million in the prior year, as legacy product declines continue to offset core growth. The company reported a net loss of $500,000 and negative adjusted EBITDA of $102,000 for the quarter, indicating ongoing cash burn despite improvements. Gross margins declined slightly, with subscription gross margin falling to 69% from 70% and services margin dropping to 47% from 50% year-over-year. Bridgeline Digital Inc (NASDAQ:BLIN) expects to remain cash neutral in 2027, with some quarters potentially seeing minor negative cash flow, as it prioritizes growth investments over bottom-line profitability. The company's legacy business continues to decline, and management projects it will take until next year for core revenue to exceed 70% of total revenue, delaying the point where overall growth becomes more apparent. The company has a significant number of warrants expiring in November 2026 (592,000 at $2.51 exercise price), which could create overhang or dilution concerns for investors. Q: Can you provide an update on the company's advertising spending following the $2 million capital raise from about a year ago, which was intended to fund roughly $500,000 per quarter in advertising?A: Ari Kahn (President and CEO) stated that the investment in sales and marketing was successful, as evidenced by two consecutive record quarters of new logo sales. The company is currently spending about $350,000 per quarter on lead generation. Even though most of the capital from the raise has been deployed, management expects to maintain this spending level without significant cash burn due to internal synergies and increased efficiency from using artificial intelligence. Q: How will cash flow progress over the next two quarters, and will it be positive?A: Ari Kahn (President and CEO) explained that the SaaS business model naturally involves upfront costs with payback periods of 24 months or more. The company aims to remain cash neutral, with some quarters having minor negative and others minor positive cash flow. The strategy for 2027 is to prioritize investing in growth over generating cash, as long as it doesn't require a non-accretive capital raise. He emphasized that the company always maintains more than a year of cash on hand. Q: When can we expect the growth in HawkSearch's core business to offset the decline in the legacy business, allowing the overall company to show that growth?A: Ari Kahn (President and CEO) stated that core products currently represent 62% of total revenue and 66% of subscription revenue. At current growth rates, he expects core revenue to exceed 70% of total revenue and 75% of subscription revenue next year. At that point, the double-digit CAGR in the core business should translate into double-digit CAGR for overall company revenue, making the company's valuation multiples more comparable to a typical single-product software company. Q: Given your 10-year tenure, how does the company's financial health now compare to the past, and why should someone invest in Bridgeline?A: Ari Kahn (President and CEO) contrasted the current state with the past, when the company was a struggling roll-up of digital agencies with declining revenue and a problematic cap table. He detailed the transformation through strategic acquisitions (Celebros, OrchestraCMS, WooRank, and HawkSearch) that pivoted the company to a software-focused model. He highlighted the current clean balance sheet, a well-aligned leadership team with deep AI expertise, and a product squarely in the sweet spot for AI-driven search and product discovery, which he believes positions the company for outsized investor returns. Q: Can you provide more details on the sales momentum and new customer wins in the third quarter?A: Ari Kahn (President and CEO) reported that the company tied its record for new customer wins with 9 new logos, and 10 existing customers expanded their licenses, resulting in 19 new subscription contracts. This generated $1.7 million in total contract value and over $370,000 in annual recurring revenue. He highlighted specific wins, including a wholesale distributor with a 14-day sales cycle, a home garden supplier launching multiple deployments, and a large enterprise distributor expanding HawkSearch across 5 to 8 commerce sites. Q: What is the significance of the recent Gartner recognition for HawkSearch?A: Ari Kahn (President and CEO) noted that HawkSearch was ranked number one for the B2B search use case in Gartner's Critical Capabilities for Search and Product Discovery for the second consecutive year. He emphasized that this recognition is crucial because Gartner is widely relied upon by organizations evaluating technology platforms, and it validates HawkSearch's deep expertise in solving complex B2B challenges like customer-specific pricing, product entitlements, and complex catalogs. Q: What were the key financial results for the third quarter of fiscal 2026?A: Thomas Windhausen (CFO) reported total revenue of $3.9 million, up from $3.8 million in the prior year. Subscription revenue was $3.1 million, and services revenue was $0.8 million. Gross profit was $2.5 million with an overall gross margin of 46%. The net loss improved to $500,000 from $800,000 in the prior year, and adjusted EBITDA improved to negative $102,000 from negative $330,000. The company ended the quarter with $1.5 million in cash and $187,000 in total debt. Q: Can you elaborate on the progress and adoption of the HawkSearch AI Agent Suite?A: Ari Kahn (President and CEO) stated that customer sales and pipeline activity grew for the Shopping Assistant, Analytics Assistant, and other AI-powered commerce tools. He highlighted the advancement of the Hawk AI Shopping Assistant with the Aura AI Agent Framework, which connects product discovery with inventory, pricing, entitlements, and order history. These innovations help customers deliver more intelligent and personalized buying experiences across both B2B and B2C environments. Q: What is the current state of the company's balance sheet and cap table?A: Thomas Windhausen (CFO) provided details, stating the company had cash of $1.5 million and accounts receivable of $1.2 million as of June 30, 2026. Total debt was $187,000 with a weighted average interest rate of 3.5%. The cap table included 12.6 million shares, 660,000 warrants, and 2.1 million options. He noted that 592,000 warrants with a $2.51 exercise price expire in November 2026. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Image source: The Motley Fool. Thursday, Aug. 13, 2026, at 4:30 p.m. ET Chief Financial Officer-Thomas Windhausen President and Chief Executive Officer-Ari Kahn Operator: Good afternoon, and welcome to Bridgeline Digital's Third Quarter 2026 Earnings Call. Please note, this conference is being recorded. I will now turn the conference over to your host, Tom Windhausen, CFO. The floor is yours. Thomas Windhausen: Thank you. Thank you very much, and good afternoon, everyone. Thanks for joining us today. My name is Tom Windhausen, I'm the Chief Financial Officer of Bridgeline Digital, Inc. I'm pleased to welcome you today to our fiscal 2026 third quarter conference call. On the call today is Mr. Ari Kahn, Bridgeline's President and CEO. He'll begin the call with a discussion of our business highlights. And then I'll update you on our financial results for the quarter, and we'll conclude by taking some questions. Before we begin, I'd like to remind everyone that our remarks and responses to your questions today may contain forward-looking statements, and those are based upon current expectations of management and involve inherent risks and uncertainties that could cause actual results to differ materially from those indicated, including, without limitation, those identified in the Risk Factors section of our most recent annual report on Form 10-K, our most recent 10-Q filing and the company's other filings with the Securities and Exchange Commission. Such factors may be updated from time to time in our filings with the SEC, which are available on our website. We undertake no obligation to publicly update or revise our forward-looking statements as a result of new information, future events or otherwise. Be advised that today's results should not be viewed as an indication of future performance. This call will also include references to certain financial measures that are not calculated in accordance with generally accepted accounting principles or GAAP. We generally refer to these as non-GAAP financial measures. Reconciliations of those non-GAAP financial measures to our most comparable measures calculated and presented in accordance with GAAP are available in the earnings press release on the Investor Relations portion of our website. I'd now like to turn the call over to Mr. Ari Kahn, Bridgeline's President and CEO. Ari? Roger Kahn: Thank you, Tom, and good afternoon, everyone. Before I review the quarter, I want to briefly frame what Bridgeline does and why our strategy matters. Bridgeline is a MarTech marketing technology software company that helps businesses grow online revenue by delivering more traffic to their websites, converting more visitors of those websites into purchasers and increasing the average order for each purchase. Our software supports both B2C and B2B businesses, and we're particularly strong with manufacturers and distributors that manage complex catalogs and sophisticated digital commerce requirements. As Bridgeline has evolved, certain products have shown such great promise that we drive most of our R&D and marketing investments toward them. Collectively, we call these products core, and we use the term legacy for the rest of our products. Our core products include HawkSearch suite of AI-powered search and product discovery solutions. Our legacy products continue to contribute profit that helps fund investments and growth in the core product lines. Because our financial statements consolidate core and legacy, total company results do not always show the revenue growth profile of our core business. That's why we also discuss core revenue mix, core net revenue retention, core growth and new annual recurring revenue for our core products. Sales momentum remained strong in the third quarter. Last quarter, we set a record of 9 new customer wins. And this quarter, we tied that record. In addition to winning 9 new customers, 10 existing customers purchased additional license from us, resulting in 19 new subscription contracts and $1.7 million in total contract value with more than $370,000 in annual recurring revenue. This performance demonstrates continued demand for our AI-powered product discovery solutions across both new customers and expansion opportunities. Core net revenue retention was 106%, reflecting strong retention and expansion across the core customer base. Core product revenue grew to $2.4 million for the quarter compared to $2.2 million in the prior year period and 13% growth in the trailing 12 months. Core revenue is now 62% of total revenue and 66% of subscription revenue compared to 57% of total revenue and 58% of subscription revenue in the prior year quarter, respectively. Investors and stock analysts often ask us to separate core and legacy revenue to provide additional details for valuation calculations, recognizing the inefficiency in capital markets for microcap stocks such as Bridgeline because core and legacy products have different growth profiles, they also have different valuation metrics. Growing AI SaaS companies with products like our core product lines are often valued with a multiple of 3x SaaS revenue and 1x services revenue, for example. Nongrowing SaaS companies that generate gross profit like our legacy product lines often have multiples closer to 1x SaaS and 1.5x services, for instance. Investors may use such multiples with our legacy revenue results in addition to the value of our core products for valuation analysis. The third quarter marked a record time quarter for new customer acquisitions, 9 customer logo wins, 19 subscription contracts in total. And examples during this quarter include a U.S.-based wholesale distributor of pet, farm and garden and home products, who selected HawkSearch for its BigCommerce e-commerce platform following a 14-day sales cycle. That's right 14, 14. That's how quick the sales cycle is. The deployment supports approximately 25,000 products and more than 450,000 monthly sessions. Another win for the quarter is a leading home garden supplier who launched the first 2 of 5 contracted HawkSearch deployments across its B2B and D2C direct-to-consumer e-commerce portfolio, covering approximately 80,000 SKUs with additional deployments scheduled for the future. A large-scale enterprise wholesale distributor selected HawkSearch to power search and product discovery across 5 commerce sites with the potential to expand to 8 sites. Collectively, these wins and launches demonstrate HawkSearch's strength in complex commerce environments, including large product catalogs, multisite deployments, wholesale distribution networks and sophisticated B2B buying experiences. On the product side, HawkSearch was ranked #1 for the B2B search use case in Gartner's Critical Capabilities for Search and Product Discovery of 2026. This is the second consecutive year that HawkSearch was selected to be #1 for B2B search by Gartner. This recognition is particularly meaningful because Gartner is widely relied upon by organizations when evaluating technology platforms. Unlike consumer commerce, B2B organizations must support customer-specific pricing product entitlements, complex catalogs and purchasing workflows designed for professional buyers rather than casual shoppers. HawkSearch leadership in B2B commerce reflects its deep expertise in solving these challenges for manufacturers, distributors and industrial suppliers, helping earn recognition as the highest scoring solution in Gartner's B2B use case. This quarter, we expanded the adoption of HawkSearch AI Agent Suite. Customer sales and pipeline activity grew for Shopping Assistant, Analytics Assistant and other AI-powered commerce tools as businesses increasingly look to use AI to improve product discovery and online revenue with HawkSearch. Customers and business buyers alike are becoming more accustomed to conversational experiences that allow them to ask questions, receive recommendations and quickly find products that they need. HawkSearch provides this experience to our customers. In addition, we advanced the Hawk AI Shopping Assistant with our Aura AI Agent Framework to connect product discovery with inventory, pricing, entitlements, order history and other commerce workflows. Together, these innovations help customers deliver more intelligent personalized buying experiences across both B2B and B2C commerce environments. Our strategy is to continue growing core revenue, expanding ARR through new customers and existing customer adoption, maintain strong retention and use AI to help customers drive more revenue from their digital commerce operations. The quarter's sales, customer deployments and product progress reinforce HawkSearch's value for businesses with complex catalogs, multisite requirements and sophisticated B2B commerce needs. Now I'll turn the call over to our Chief Financial Officer, Tom Windhausen, to share details. Tom? Thomas Windhausen: Thanks, Ari. I'll provide an update of our financial results for the third quarter of fiscal 2026, which ended June 30, 2026. Total revenue for the quarter ended June 2026 was $3.9 million compared to $3.8 million in the prior year period. And as we look at the components of revenue, our subscription revenue, which is comprised of SaaS licenses, maintenance and hosting was $3.1 million for the quarter ended June '26 compared to $3.1 million in the prior year period. Subscription revenue was 79% of total revenue compared to 81% in the prior year. Services revenue was $0.8 million for the quarter ended June '26 compared to $700,000 in the prior year period, and our services revenue accounted for 21% of that revenue compared to 19% last year. Cost of revenue was $1.4 million for the quarter ended June '26 compared to $1.3 million in the prior year, and our gross profit then was $2.5 million for the quarter ended June '26 compared to $2.5 million in the prior year period. Our overall gross margin was 46% for the quarter ended June 2026 with subscription gross margin of 69% compared to 70% in the prior year and services margin of 47% compared to 50% in the prior year. Our operating expenses were $3.0 million for the quarter ended June '26 compared to $3.2 million in the prior year. And our net loss then was only $500,000 for the quarter ended June '26 compared to a net loss of $800,000 in the prior year period. Moving to adjusted EBITDA. Our adjusted EBITDA for the quarter ended June was negative $102,000 compared to a negative $330,000 in the prior year same period. And moving to our balance sheet. On June 30, the company had cash of $1.5 million and accounts receivable of $1.2 million. Our total debt outstanding as of June 30, 2026, was $187,000 with a weighted average interest rate of 3.5% and principal payments due equally through 2028. At June '26, our total assets were $15.3 million and our total liabilities were $6.4 million. Finally, a quick update on our cap table, which as of June 30 included 12.6 million shares, 660,000 warrants and 2.1 million options. Of those 660,000 warrants, 592,000 of them with a $2.51 exercise price expire in November 2026, with the remaining 70,000 warrants not expiring until March 2030 at $1.88 exercise price. We'll now transition over to a Q&A period. But operator, as you check for those questions, I do have some questions that were sent in advance, so we will start with those. We had questions come in from a long-term investor. 3 questions. First question, about a year ago, we had the $2 million capital raise. And then we mentioned that we'd be spending roughly $500,000 a quarter in advertising for the next 4 quarters. So now for these upcoming quarters, how do we see our advertising spending currently? Roger Kahn: So March 2025, we raised $2 million above market explicitly to invest in ad spend for sales and marketing to capitalize on the momentum that we've been seeing at that time, both by experimenting with new lead sources and then expanding investments in existing ones. I'm happy to say that this was a successful investment, as shown by the last 2 quarters of record new logo sales, right? So when we invest in sales and marketing, it's not so much about upselling existing customers, which is an important part of our growth, but in attracting new ones. We did experiments. We expanded investments in known lead sources. And all in all, we had good ROI. Today, we're at about $350,000 per quarter in lead spend. And going forward, even though we've deployed most of the capital from that raise, I think we got $1.5 million in the bank at the end of this quarter. Going forward, we expect to be able to remain at the current level. We've created several synergies within the business that will allow us to maintain this level of ad spend investment without significant cash burn. And I'm happy to say that thanks to our internal sophistication with artificial intelligence, we've become a much more efficient organization than I think many have. Thomas Windhausen: The second question talks about pipeline. So the nature of our business is that we have revenue coming in at the back of the pipeline -- sorry, we have more business and revenue coming in the back of the pipeline than ending at the front of the pipeline. We understand that these forward-looking statements, but can we get an idea of how cash flow will progress over the next 2 quarters? And will it be positive? Roger Kahn: Got it. Sure. Yes. Well, that is the nature of SaaS in general from a cash flow perspective. You're signing multiyear contracts and a lot of times, the payback, customer acquisition cost payback in the MarTech sector is 24 months or higher. And the great thing about this industry is that once you lock in these longer-term contracts, you take your foot off of the gas and start -- I don't want to say [ cruising ] money, but it's not a bad place to be in, and that's where we're heading. We do ensure that our negative cash flow is less than our discretionary spending so that it's easier for us to manage cash flow without having to, for example, change headcounts, but instead pull back on things like specifically ad spend. And that we always have more than a year of cash. So we balance our spending growth and are going to likely remain cash neutral, which is kind of where we are right now. In 2027, that means some quarters will have minor negative and others minor positive. But our strategy in 2027 is not going to be a bottom line focused cash-generating business. We think there's greater shareholder value in investing as much as we can in growth without positioning ourselves to have to do a non-accretive capital raise. And as the largest investor in the business, I am well aligned with that thought process. Thomas Windhausen: Excellent. Next question asks about some history. So it acknowledges Ari has been with the company for the last 10 years, seeing lots of changes in the business. What is it that we could share with shareholders in regards to our financial health now compared to the past? And secondly, if someone asked why they should invest in Bridgeline, what do you tell them? Roger Kahn: It's dangerous I could go into all sorts of ancient history and talk for a long time. I'll try not to. When I first came -- became involved in Bridgeline, it was a completely different company. It was a roll-up of digital agencies, made a valid attempt at being that type of entity, but it wasn't quite working. The revenue was declining. The company was burning a lot of cash and the cap table was problematic. I invested in the company. I originally invested about -- I think it was $250,000 before I became actively involved from a management perspective because specifically, I saw that there was a lot of value in the customer base that the software that it did have could be cash generating and that the market space overall was getting ready for a lot of opportunities to happen and one could see exactly where they were. But I've been around the block long enough as one of the founders in content management back in the dot-com booms and with the PhD in AI to have a good sense that we could do something special with the business. So we started off really resetting the company, looking for acquisitions. Now we're talking about the 2016, '17. It took a little while. We found Celebros, which was really an important acquisition for the business in terms of getting the direction into -- getting the business pointed in a direction to be squarely a software company that can be partnered with e-commerce platforms and agencies. And Celebros is really a competitor to HawkSearch and is in a growth area well positioned for AI. We acquired OrchestraCMS and WooRank, both of which are cash flowing. And after a long courtmanship with HawkSearch, it took several years to make that happen, but HawkSearch is such a great product, we were able to make it happen. We did that acquisition and shifted toward a company that has a true opportunity for organic growth. Now it doesn't mean that everything is going to be organic going forward. But with that type of a platform, we became a business with a clean cap table, with a clean balance sheet with a growing software with small competitors and great partners. I, at that point, personally invested well over $1 million in common stock open market buys, supporting the business. We did an above-market raise, which we spoke about just a minute ago to test out and expand on the sales and marketing capabilities. And today, I think that you're really in a position where you've got a well-aligned leadership team, money where their mouth is all in with deep experience in AI, right? My experience in AI is from the early 1990s. So this isn't like Johnny come lately stuff, deep experience in e-commerce, super successful, but successful in the dot-com e-commerce space. But most importantly, a truly well positioned product that delivers clear value to its customers, whose customers put their money where their mouth is and reinvest and expand their investment in the HawkSearch product suite that is squarely in the sweet spot for artificial intelligence. Search, product discovery and agent recommendations are exactly what large language model with this particular form of artificial intelligence are best at, and you don't need to be a multibillion-dollar business to implement that stuff. It levels the playing field where a dedicated, well-aligned team like Bridgeline can leapfrog over other businesses and deliver outsized investor returns. And I don't want to understate this at all. Clean cap table and balance sheet is an important part of all that and huge investor alignment is as well. Thomas Windhausen: Excellent. We had one other question from a different investor came in. Is there an expected time frame for the growth in HawkSearch's core business to offset the decline in the legacy business? So when we can start seeing that growth. Roger Kahn: This is an important aspect because one of the challenges for Bridgeline investors is transparency. We spoke about it at the beginning of this, really be able to understand because we've got this dichotomy of legacy and core products, when do the core product dominate everything so you can truly just count on the cumulative revenues and expenses as representing the vast majority of the business and see exactly where everything is going. And it's been a little bit of a long haul game there, and I think it's been a worthy investment. Today, our core is 62% of revenue, 66% of subscription revenue. And at the current -- at our current growth rates, our current growth rates, which I think are going to accelerate, but at the current rates and the attrition of legacy that is kind of part of the equation. I'm expecting us to be over 70% of core next year and over 75% of core subscription next year. That means the double-digit CAGR, compounded annual growth rate in core should deliver double-digit CAGR in overall revenue as well. And that's when you really start seeing, I think, the multiples for HawkSearch overall starting to look more like what you see for a typical software company that has a single product that looks like our core products. And my expectation is that there'll be some happy investors at that point. Thomas Windhausen: Excellent. Thank you. Operator, are there any questions that have been submitted any questions pending on the line? Operator: I'm not seeing any questions in the queue at the moment. Thomas Windhausen: We'll wait 10, 15 seconds here. Right. If no questions have further come in, we'll wrap up the call. Roger Kahn: Well, everybody, thank you so much for joining us on our call today, and we really appreciate the continued support from our investors, but also our customers and partners. We remain confident in Bridgeline's opportunity to help customers drive more online revenue through AI-powered product discovery or complex commerce solutions. And we also look forward to speaking with you again on our fourth quarter fiscal 2026 conference call. Until then, be well. Operator: Thank you very much. This does conclude today's conference call. You may disconnect your phone lines at this time, and have a wonderful day. We thank you for your participation. Before you buy stock in Bridgeline Digital, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bridgeline Digital wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,943!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,382,819!* That performance is why people listen. 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Bridgeline Digital (BLIN) Q3 2026 Earnings Call Transcript was originally published by The Motley Fool

WOBURN, MA / ACCESS Newswire / August 13, 2026 / Bridgeline Digital, Inc. (NASDAQ:BLIN) a leader in AI-powered marketing technology, today announced financial results for its fiscal 2026 third quarter, which ended June 30, 2026. "Bridgeline delivered another record quarter for new logo sales in addition to existing HawkSearch customers further expanding their investment in our AI-powered product discovery solutions," said Ari Kahn, Bridgeline's President and Chief Executive Officer. "Core product revenue had 13% growth in the trailing 12 months and now accounts for 62% of total revenue and 66% of subscription revenue." Financial Highlights - Third Quarter of Fiscal Year 2026 Total revenue, comprised of SaaS Subscription and Services revenue, was $3.9M for the quarter ended June 30, 2026, an increase from the prior quarter and the prior year comparable quarter. Subscription revenue of $3.1M, consistent with $3.1M in the prior year comparable quarter. Services revenue was $0.8M, an increase from $0.7M in the prior year comparable quarter. Core revenue was $2.4M, an increase from $2.2M in the prior year comparable quarter. Core revenue was 62% of total revenue, an increase from 57% in the prior year comparable quarter. Core subscription revenue was 66% of subscription revenue, an increase from 58% in the prior year comparable quarter. Financial Highlights - First 9 Months of Fiscal Year 2026 Total revenue of $11.8M for the 9 months ended June 30, 2026 increased from $11.5M in the prior year comparable period. Subscription revenue of $9.4M increased from $9.2M in the prior year comparable period. Services revenue was $2.4M, an increase from $2.3M in the prior year comparable period. Core revenue for the 9 months ended June 30, 2026 was $7.1M, an increase from $6.3M in the prior year comparable period. Core revenue was 60% of total revenue, an increase from 55% in the prior year comparable period. Core subscription revenue was 63% of subscription revenue, an increase from 57% in the prior year comparable period. Sales Highlights In the third quarter of fiscal year 2026, Bridgeline delivered a record-tying new logo quarter with 9 new customer wins and 10 sales into the existing customer-base for 19 subscription contracts totaling $1,700,000 in total contract value and more than $370,000 in Annual Recurring Revenue ("ARR"). Core NRR was 106%. This reflects strong retention and expansion across Bridgeline's core customer base. Core CAGR was 13% for the 12 months ending June 30, 2026. Product Highlights The following innovations were made in the HawkSearch product suite: HawkSearch Ranked #1 for B2B Search in Gartner Critical Capabilities Report HawkSearch was ranked #1 for the B2B Search use case in Gartner's Critical Capabilities for Search and Product Discovery 2026 report for the second consecutive year, validating the platform's strength in supporting complex B2B commerce environments with large product catalogs, advanced merchandising, and AI-powered product discovery. Acceleration of Conversational Commerce and AI Search Agents Bridgeline continued advancing its Hawk AI Shopping Agent and conversational commerce roadmap. The platform now combines conversational search, Smart Response, generative answers, merchandising controls, analytics, and customer-specific business rules to support intelligent product discovery and buying experiences across B2B and B2C commerce environments. Expanded Aura AI Agent frameworkBridgeline expanded its Aura AI Agent Platform, extending intelligent buying experiences beyond search to support product discovery, order history, pricing, entitlements, and commerce workflows. Aura powers the company's growing portfolio of Hawk AI Agents, creating new opportunities for customer engagement and digital self-service. Hawk AI Agents Gain Commercial Traction Bridgeline expanded adoption of its Hawk AI Agents, with multiple customer sales and a growing pipeline for Shopping Assistant, Analytics Assistant, and AI-powered commerce opportunities. Customer Highlights A U.S.-based wholesale distributor of pet, farm and garden, and home products selected HawkSearch for its BigCommerce eCommerce platform following a 14-day sales cycle, supporting approximately 25,500 products and variants and more than 450,000 monthly sessions. A leading home and garden supplier launched the first two of five contracted HawkSearch deployments across its B2B and direct-to-consumer eCommerce portfolio, covering approximately 80,000 SKUs, with three additional deployments scheduled. A large-scale enterprise wholesale distributor selected HawkSearch to power search and product discovery across five OroCommerce sites, with the potential to expand to eight sites. A plumbing and heating distributor adopted HawkSearch on its Unilog eCommerce platform for a catalog spanning more than one million SKUs across multiple product categories, marking the first customer secured through Bridgeline's partnership with Impaqx. A global technology manufacturer launched HawkSearch across its corporate content and careers experience in 10 languages, demonstrating the platform's ability to support multilingual search and global audiences. A global medical equipment manufacturer launched HawkSearch on its BigCommerce platform with approximately 3,000 products and a Phase 2 expansion already planned. Financial Results - Third Quarter of Fiscal Year 2026 Total revenue, which is comprised of SaaS Subscription and Services revenue, was $3.9 million for the quarter ended June 30, 2026, as compared to $3.8 million for the same period last year. Subscription revenue, which is comprised of SaaS licenses, maintenance and hosting revenue, was $3.1 million for the quarter ended June 30, 2026, as compared to $3.1 million for the same period last year. As a percentage of total revenue, Subscription revenue was 79% of total revenue for the quarter ended June 30, 2026, as compared to 81% for the same period last year. Services revenue was $0.8 million for the quarter ended June 30, 2026, as compared to $0.7 million for the same period last year. As a percentage of total revenue, Services revenue accounted for 21% of total revenue for the quarter ended June 30, 2026, as compared to 19% for the same period last year. Cost of revenue was $1.4 million for the quarter ended June 30, 2026, as compared to $1.3 million for the same period last year. Gross profit was $2.5 million for the quarter ended June 30, 2026, as compared to $2.5 million for the same period last year. Gross margin was 64% for the quarter ended June 30, 2026, as compared to 66% for the same period last year. Subscription gross margin was 69% for three months ended June 30, 2026, as compared to 70% for the same period last year. Services gross margin was 47% for the three months ended June 30, 2026, as compared to 50% for the same period last year. Operating expenses were $3.0 million for the quarter ended June 30, 2026, as compared to $3.2 million for the same period last year. Operating loss for the quarter ended June 30, 2026 was $0.5 million, as compared to $0.7 million for the same period last year. Net loss for the quarter ended June 30, 2026, was $0.5 million, as compared to a net loss of $0.8 million for the same period last year. Financial Results - First 9 Months of Fiscal Year 2026 Total revenue, which is comprised of SaaS Subscription and Services revenue, was $11.8 million for the 9 months ended June 30, 2026, as compared to $11.5 million for the same period last year. Subscription revenue, which is comprised of SaaS licenses, maintenance and hosting revenue was $9.4 million for the 9 months ended June 30, 2026, as compared to $9.2 million for the same period last year. As a percentage of total revenue, Subscription revenue was 80% of total revenue for the 9 months ended June 30, 2026, consistent with 80% for the same period last year. Services revenue was $2.4 million for the 9 months ended June 30, 2026, as compared to $2.3 million for the same period last year. As a percentage of total revenue, Services revenue accounted for 20% of total revenue for the 9 months ended June 30, 2026, consistent with to 20% for the same period last year. Cost of revenue was $4.1 million for the 9 months ended June 30, 2026, as compared to $3.8 million for the same period last year. Gross profit was $7.6 million for the 9 months ended June 30, 2026, as compared to $7.7 million for the same period last year. Gross margin was 65% for the 9 months ended June 30, 2026, as compared to 67% for the same period last year. Subscription gross margin was 69% for the 9 months ended June 30, 2026, as compared to 71% for the same period last year. Services gross margin was 50% for the 9 months ended June 30, 2026, as compared to 51% for the same period last year. Operating expenses were $8.7 million for the 9 months ended June 30, 2026, as compared to $9.6 million for the same period last year. Operating loss for the 9 months ended June 30, 2026, was $1.1 million, as compared to an operating loss of $1.9 million for the same period last year. Net loss for the 9 months ended June 30, 2026, was $1.0 million, as compared to a net loss of $2.2 million for the same period last year. Conference Call Bridgeline Digital, Inc. will hold a conference call today, Thursday, August 13, 2026, at 4:30 p.m. Eastern Time to discuss these results. The Company's President and Chief Executive Officer, Ari Kahn, and Chief Financial Officer, Thomas Windhausen, will host the call, followed by a question-and-answer period. The details of the conference call webcast and replay are as follows: Bridgeline Digital Third Quarter 2026 Earnings Call Thursday, August 13, 2026, at 4:30 p.m. ET Webcast Registration: https://www.webcaster5.com/Webcast/Page/3079/54429 Non-GAAP Financial Measures This press release contains references to Adjusted EBITDA, a Non-GAAP financial measure. Adjusted EBITDA is defined as earnings before interest, taxes, depreciation, amortization, stock-based compensation expense, impairment of goodwill and intangible assets, non-cash warrant related income/expense, changes in fair value of contingent consideration, restructuring and acquisition-related costs, amortization of debt discounts, preferred stock dividends and any related tax effects. Bridgeline uses Adjusted EBITDA as a supplemental measure of our performance that is not required by, or presented in accordance with, accounting principles generally accepted in the United States ("GAAP"). Bridgeline's management does not consider Non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of Non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in the Company's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these Non-GAAP financial measures. To compensate for these limitations, Bridgeline management presents Non-GAAP financial measures in connection with GAAP results. Bridgeline urges investors to review the reconciliation of its Non-GAAP financial measure to the comparable GAAP financial measure, which is included in this press release, and not to rely on any single financial measure to evaluate Bridgeline's financial performance. Our definition of Non-GAAP Adjusted EBITDA may differ from and therefore may not be comparable with similarly titled measures used by other companies, thereby limiting its usefulness as a comparative measure. As a result of the limitations that Adjusted EBITDA has as an analytical tool, investors should not consider it in isolation, or as a substitute for analysis of our operating results as reported under GAAP. Other Terms Core Product revenue includes all subscription license and services revenue from HawkSearch, WooRank licenses for HawkSearch customers, and AccessiBe. Net Revenue Retention ("NRR") is measured as the current period trailing twelve months Monthly Recurring Revenue ("MRR"), including Cross Sales and Net Renewal (expansion less contraction) MRR, all divided by trailing twelve months MRR for the previous period trailing twelve months. Safe Harbor for Forward-Looking Statements Statement under the Private Securities Litigation Reform Act of 1995 All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These statements appear in a number of places and include statements regarding the intent, belief or current expectations of Bridgeline Digital, Inc. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, including, but not limited to, business operations and the business of our customers, suppliers and partners; our ability to retain and upgrade current customers, increasing our recurring revenue, our ability to attract new customers, our revenue growth rate; our history of net loss and our ability to achieve or maintain profitability, instability in the financial markets, including the banking sector; our liability for any unauthorized access to our data or our users' content, including through privacy and data security breaches; any decline in demand for our platform or products; changes in the interoperability of our platform across devices, operating systems, and third party applications that we do not control; competition in our markets; our ability to respond to rapid technological changes, extend our platform, develop new features or products, or gain market acceptance for such new features or products, particularly in light of potential disruptions to the productivity of our employees resulting from remote work; our ability to manage our growth or plan for future growth, and our acquisition of other businesses and the potential of such acquisitions to require significant management attention, disrupt our business, or dilute stockholder value; the volatility of the market price of our common stock, the ability to maintain our listing on the NASDAQ Capital Market; or our ability to maintain an effective system of internal controls as well as other risks described in our filings with the Securities and Exchange Commission. Any of such risks could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. Bridgeline Digital, Inc. assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by applicable law. About Bridgeline Digital, Inc Bridgeline is a marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. To learn more, please visit www.bridgeline.com or call (800) 603-9936. Contact: Bridgeline Digital, Inc.Thomas WindhausenChief Financial [email protected] BRIDGELINE DIGITAL, INC.CONSOLIDATED BALANCE SHEETS(in thousands, except share and per share data)(Unaudited) BRIDGELINE DIGITAL, INC.CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except share and per share data)(Unaudited) BRIDGELINE DIGITAL, INC.RECONCILIATION OF GAAP TO NON-GAAP RESULTS(in thousands, except per share data)(Unaudited) SOURCE: Bridgeline Digital View the original press release on ACCESS Newswire

WOBURN, MA / ACCESS Newswire / August 11, 2026 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, announced today that it will release its financial results for the third quarter of fiscal 2026 after market close on Thursday, August 13, 2026. On that day, Ari Kahn, the Company's President and Chief Executive Officer, and Thomas Windhausen, the Company's Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results. The details and registration link for the conference call and replay are as follows: Participants can register for the conference call using the URL above. Registration in advance of the call is recommended. Once registered, participants will receive dial-in numbers and their unique PIN number. About Bridgeline Digital Bridgeline helps companies grow online revenues by increasing their traffic, conversion rate, and average order value through its suite of apps. To learn more, please visit www.bridgeline.com or call (800) 603-9936. Safe Harbor for Forward-Looking Statements Statement under the Private Securities Litigation Reform Act of 1995 All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These statements appear in a number of places in this press release and include statements regarding the intent, belief or current expectations of Bridgeline Digital, Inc. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, including, but not limited to, business operations and the business of our customers, suppliers and partners; our ability to retain and upgrade current customers, increasing our recurring revenue, our ability to attract new customers, our revenue growth rate; our history of net loss and our ability to achieve or maintain profitability; instability in the financial markets, including the banking sector; our liability for any unauthorized access to our data or our users' content, including through privacy and data security breaches; any decline in demand for our platform or products; changes in the interoperability of our platform across devices, operating systems, and third party applications that we do no control; competition in our markets; our ability to respond to rapid technological changes, extend our platform, develop new features or products, or gain market acceptance for such new features or products, particularly in light of potential disruptions to the productivity of our employees resulting from remote work; our ability to manage our growth or plan for future growth, and our acquisition of other businesses and the potential of such acquisitions to require significant management attention, disrupt our business, or dilute stockholder value; the volatility of the market price of our common stock, the ability to maintain our listing on the NASDAQ Capital Market, or our ability to maintain an effective system of internal controls as well as other risks described in our filings with the Securities and Exchange Commission. Any of such risks could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. These forward-looking statements assumes no obligation and does not intend to update these forward-looking statements, except as required by law. For more information, please contact: Thomas WindhausenBridgeline Digital, Inc.Chief Financial [email protected] SOURCE: Bridgeline Digital, Inc. View the original press release on ACCESS Newswire

WOBURN, MA / ACCESS Newswire / July 7, 2026 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered product discovery and eCommerce solutions, today announced the successful deployment of its HawkSearch platform for a multi-brand appliance retail organization, marking the Company's 25th delivery-team launch this fiscal year. The launch underscores accelerating demand for AI-driven product discovery solutions as retailers modernize legacy infrastructure to improve customer experience, increase conversion rates, and drive online revenue growth. Modernizing Product Discovery for Appliance Retail The multi-brand appliance retail organization serves consumers through a portfolio of premium retail brands. The company offers a broad assortment of home appliances and related products from leading manufacturers, requiring advanced search capabilities to support product discovery across a large and diverse catalog. To enhance its eCommerce experience, the organization selected HawkSearch to replace a legacy search platform with a modern, AI-powered solution capable of delivering faster, more relevant, and more intuitive search experiences. AI-Powered Search and Merchandising at Scale The HawkSearch deployment introduces a suite of advanced capabilities designed to improve engagement, conversion, and average order value, including: Unified AI Search - delivering highly relevant results based on user intent across keyword, concept, and visual inputs Visual Search - enabling shoppers to upload images and discover similar products Dynamic Autocomplete and Instant Engage - surfacing products, categories, and content in real time Embedded Product Recommendations - driving upsell and cross-sell opportunities throughout the user experience Advanced Relevance Tuning and Merchandising Controls - enabling optimization based on behavior and business priorities Structured Rollout Enables Future Expansion The initial deployment focuses on core search and product discovery capabilities, establishing a scalable foundation for ongoing innovation. As part of a Phase 2 rollout, the customer plans to expand into additional AI-driven capabilities, including Smart Response, Advanced Analytics, landing page optimization, and conversational search functionality. This phased approach reflects an increasing trend among enterprise retailers to grow their AI-powered product discovery platforms over time. Accelerating AI Adoption Across Retail This deployment reinforces Bridgeline's growing momentum in the retail sector, where organizations are increasingly investing in AI-driven solutions to improve digital commerce performance. Retailers managing complex product catalogs are prioritizing: Intelligent product discovery platforms AI-powered personalization and recommendations Unified search experiences across content and products Bridgeline continues to see strong adoption of HawkSearch among multi-brand and multi-site retailers seeking to modernize ecommerce infrastructure and deliver more engaging customer experiences. "Marking our 25th deployment this fiscal year, this launch reflects both the strong demand for AI-powered product discovery and our ability to execute at scale," said Ari Kahn, President and CEO of Bridgeline Digital. "Retailers are rapidly moving beyond legacy search technologies to adopt AI-driven platforms that better understand shopper intent and drive measurable ecommerce performance." About Bridgeline Bridgeline helps companies accelerate online revenue by improving traffic, conversion rates, and average order value through AI-powered commerce technology. Its HawkSearch platform delivers advanced search, personalization, and merchandising capabilities for B2B and B2C enterprises across high-growth industries. Learn more at: www.bridgeline.com and www.hawksearch.com Contact: Kelly Maltman SVP of Marketing Bridgeline Digital [email protected] SOURCE: Bridgeline Digital View the original press release on ACCESS Newswire

WOBURN, MA / ACCESS Newswire / May 14, 2026 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, today announced financial results for its fiscal 2026 second quarter, which ended March 31, 2026. "Q2 was our best quarter ever for new customer wins across every measure: number of sales, annual recurring revenue, and total contract value," said Ari Kahn, Bridgeline's President and Chief Executive Officer. "We also had another excellent quarter expanding sales to existing HawkSearch customers, proving the demand for our AI-powered products. With the release of our latest AI Assistants, including the Analytics Assistant and Shopping Assistant, we are further strengthening HawkSearch's leadership position in AI Product Discovery." Financial Highlights - Second Quarter of Fiscal Year 2026 Total revenue, comprised of SaaS Subscription and Services revenue, was $3.9 million for the quarter ended March 31, 2026, an increase from $3.9 million in the prior year period. Subscription revenue of $3.1 million increased from $3.1 million in the prior year period. Core revenue grew to 61% of total revenue and 65% of subscription revenue, both increasing from the prior quarter and the prior year comparable quarter. Financial Highlights - First 6 Months of Fiscal Year 2026 Total revenue was $7.8 million for the 6 months ended March 31, 2026, an increase from $7.7 million in the prior year period. Subscription revenue of $6.3 million increased from $6.1 million in the prior year period. Sales Highlights In the second quarter of fiscal year 2026, Bridgeline sold 19 new subscription contracts for $2.8M in total contract value, adding $875K in Annual Recurring Revenue. Bridgeline's Core subscription ARR per new customer was $44,000 in the second quarter of fiscal 2026 compared to $21,000 in the prior year comparable quarter. Core products Net Revenue Retention ("NRR") was 107% in the second quarter of fiscal 2026. Demand for HawkSearch remained strong across B2B verticals with complex catalogs, contributing to higher-value subscription bookings during the quarter and supporting the Company's focus on recurring AI-driven revenue. Product Highlights The following innovations were made in the HawkSearch suite: Hawk AI Shopping Assistant: Bridgeline announced the release of the Hawk AI Shopping Assistant, with over 100 signups for the first webinar showcase. As an interactive AI-powered assistant, it allows customers to ask questions, get personalized recommendations, add items to their cart, and more, all driven by real-time pricing, entitlements, inventory, and logistics data. Customer demos have generated immediate excitement and we expect this to be a meaningful driver of new logo growth. Hawk Analytics Assistant: Bridgeline released the AI Powered Analytics Assistant, receiving strong customer response with immediate contracts upon announcement. Built on a private data lake drawing from HawkSearch, GA4, and third-party data sources, the Analytics Assistant answers plain language questions with visual reports and actionable recommendations and proactively surfaces insights. Hawk Merchandising Assistant: Enables merchandising teams to optimize product experiences faster using conversational prompts, without adding operational overhead, driving higher engagement and conversion at scale. Partner Highlights HawkSearch received multiple 2026 honors from the Info-Tech Research Group, including Leader in Enterprise Search, Top Product Strategy, Top UX, and Top Features across eight additional categories, based on verified user feedback. HawkSearch and Znode announced a partnership bringing AI-powered search, merchandising, and personalization to manufacturers and distributors on the Znode B2B Ecommerce Platform, helping buyers find the right products faster, navigate large catalogs more easily, and improve conversion across multi-store and multi-portal experiences. Customer Highlights A leading global gas provider selected HawkSearch to power search across three eCommerce sites in one of the most technically complex implementations in HawkSearch's history, spanning multi-lingual search, customer-specific pricing, entitlement-based access, dimension-based search, and multi-site management. A wholesale distributor selected HawkSearch to power search and product discovery across five sites on its OroCommerce platform, with a clear path to eight sites as the relationship expands. HawkSearch was chosen on the strength of its B2B capabilities including keyword management, entitlements, personalization, product recommendations, Unit of Measure, and analytics. A national industrial supplier selected HawkSearch to power search across its large, specification-driven catalog of metal and specialty materials, with Unified Search and Concept Search improving conversion rates and reducing friction for specification-driven searches. An Australia-based global electrical wholesaler selected HawkSearch for its Image Search, Concept Search, and Unit of Measure Normalization capabilities to handle complex product discovery across a large technical catalog. The partnership carries significant expansion potential with a second website expected to implement HawkSearch soon. A leading home d￩cor and lifestyle brand selected HawkSearch to power search and product discovery across four of its ecommerce websites, with Visual Search stated as a clear differentiator. The opportunity originated through a direct customer referral, underscoring the strength of HawkSearch's existing client relationships. An Ohio-based wholesaler serving the plumbing, HVAC, and electrical trades selected HawkSearch to improve how customers navigate their product catalog and find the right items across its Magento eCommerce platform. HawkSearch will integrate with the company's existing PIM and ERP systems. As an Affiliated Distributors member, the win provides additional exposure within that buying group network. Barron Designs and AZ Faux, two architectural decor brands serving a combined audience of more than 270,000 monthly visitors, selected HawkSearch to power search and product discovery, driving improvements across conversion rates, average order value, merchandising efficiency, and SEO performance. A leading industrial distributor, the first Unilog customer to take advantage of HawkSearch's new platform connector, selected HawkSearch after a rigorous evaluation. During their proof-of-concept review, they experienced immediate improvements in search relevancy and overall product discovery. A regional electrical distributor selected HawkSearch to strengthen search relevancy and improve product discovery across a catalog with complex product attributes and descriptions. A precision metalworking manufacturer with more than 80 years of industry heritage selected HawkSearch to power search and product discovery for its WooCommerce eCommerce platform. Financial Results - Second Quarter of Fiscal Year 2026 Total revenue, which is comprised of Subscription and Services revenue, was $3.9 million for the quarter ended March 31, 2026, as compared to $3.9 million for the same period last year. Subscription revenue, which is comprised of SaaS licenses, maintenance and hosting revenue, was $3.1 million for the quarter ended March 31, 2026, as compared to $3.1 million for the same period last year. As a percentage of total revenue, Subscription revenue was 80% of total revenue for the quarter ended March 31, 2026, as compared to 79% for the same period last year. Services revenue was $0.8 million for the quarter ended March 31, 2026, compared to $0.8 million for the same period last year. As a percentage of total revenue, Services revenue accounted for 20% of total revenue for the quarter ended March 31, 2026, as compared to 21% for the same period last year. Cost of revenue was $1.4 million for the quarter ended March 31, 2026, compared to $1.3 million for the same period last year. Gross profit was $2.5 million for the quarter ended March 31, 2026, as compared to $2.6 million for the same period last year. Gross margin was 64% for the quarter ended March 31, 2026, as compared to 68% for the same period last year. Subscription gross margin was 69% for three months ended March 31, 2026, as compared to 72% for the same period last year. Services gross margin was 47% for the three months ended March 31, 2026, as compared to 52% for the same period last year. Operating expenses were $3.0 million for the quarter ended March 31, 2026, as compared to $3.4 million for the same period last year. Operating loss for the quarter ended March 31, 2026, was $0.4 million, as compared to $0.7 million for the same period last year. Net loss for the quarter ended March 31, 2026, was $0.4 million, compared to a net loss of $0.7 million for the same period last year. Financial Results - First 6 Months of Fiscal Year 2026 Total revenue, which is comprised of Licenses and Services revenue, was $7.8 million for the six months ended March 31, 2026, as compared to $7.7 million for the same period last year. Subscription and licenses revenue, which is comprised of SaaS licenses, maintenance and hosting revenue was $6.3 million for the six months ended March 31, 2026, as compared to $6.1 million for the same period last year. As a percentage of total revenue, Subscription and licenses revenue was 80% of total revenue for the six months ended March 31, 2026, compared to 80% for the same period last year. Services revenue was $1.6 million for the six months ended March 31, 2026, as compared to $1.6 million for the same period last year. As a percentage of total revenue, Services revenue accounted for 20% of total revenue for the six months ended March 31, 2026, compared to 20% for the same period last year. Cost of revenue was $2.7 million for the six months ended March 31, 2026, as compared to $2.5 million for the same period last year. Gross profit was $5.1 million for the six months ended March 31, 2026, as compared to $5.2 million for the same period last year. Gross margin was 65% for the six months ended March 31, 2026, as compared to 67% for the same period last year. Subscription and licenses gross margin were 69% for the six months ended March 31, 2026, as compared to 71% for the same period last year. Services gross margin was 51% for the six months ended March 31, 2026, as compared to 52% for the same period last year. Operating expenses were $5.7 million for the six months ended March 31, 2026, as compared to $6.4 million for the same period last year. Operating loss for the six months ended March 31, 2026, was $0.6 million, as compared to an operating loss of $1.3 million for the same period last year. Net loss for the six months ended March 31, 2026, was $0.5 million, compared to a net loss of $1.4 million for the same period last year. Conference Call Bridgeline Digital, Inc. will hold a conference call today, May 14, 2026, at 4:30 p.m. Eastern Time to discuss these results. The Company's President and Chief Executive Officer, Ari Kahn, and Chief Financial Officer, Thomas Windhausen, will host the call, followed by a question-and-answer period. The details of the conference call webcast and replay are as follows: Bridgeline Digital Second Quarter 2026 Earnings Call Thursday, May 14, 2026, at 4:30 p.m. ET Webcast Registration: https://www.webcaster5.com/Webcast/Page/3079/53673 Non-GAAP Financial Measures This press release contains references to Adjusted EBITDA, a Non-GAAP financial measure. Adjusted EBITDA is defined as earnings before interest, taxes, depreciation, amortization, stock-based compensation expense, impairment of goodwill and intangible assets, non-cash warrant related income/expense, changes in fair value of contingent consideration, restructuring and acquisition-related costs, amortization of debt discounts, preferred stock dividends and any related tax effects. Bridgeline uses Adjusted EBITDA as a supplemental measure of our performance that is not required by, or presented in accordance with, accounting principles generally accepted in the United States ("GAAP"). Bridgeline's management does not consider Non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of Non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in the Company's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these Non-GAAP financial measures. To compensate for these limitations, Bridgeline management presents Non-GAAP financial measures in connection with GAAP results. Bridgeline urges investors to review the reconciliation of its Non-GAAP financial measure to the comparable GAAP financial measure, which is included in this press release, and not to rely on any single financial measure to evaluate Bridgeline's financial performance. Our definition of Non-GAAP Adjusted EBITDA may differ from and therefore may not be comparable with similarly titled measures used by other companies, thereby limiting its usefulness as a comparative measure. As a result of the limitations that Adjusted EBITDA has as an analytical tool, investors should not consider it in isolation, or as a substitute for analysis of our operating results as reported under GAAP. Other Terms Core Product revenue includes all subscription license and services revenue from HawkSearch, WooRank licenses for HawkSearch customers, and AccessiBe. Net Revenue Retention ("NRR") is measured as the current period trailing twelve months Monthly Recurring Revenue ("MRR"), including Cross Sales and Net Renewal (expansion less contraction) MRR, all divided by trailing twelve months MRR for the previous period trailing twelve months. Safe Harbor for Forward-Looking Statements Statement under the Private Securities Litigation Reform Act of 1995 All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These statements appear in a number of places and include statements regarding the intent, belief or current expectations of Bridgeline Digital, Inc. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, including, but not limited to, business operations and the business of our customers, suppliers and partners; our ability to retain and upgrade current customers, increasing our recurring revenue, our ability to attract new customers, our revenue growth rate; our history of net loss and our ability to achieve or maintain profitability, instability in the financial markets, including the banking sector; our liability for any unauthorized access to our data or our users' content, including through privacy and data security breaches; any decline in demand for our platform or products; changes in the interoperability of our platform across devices, operating systems, and third party applications that we do not control; competition in our markets; our ability to respond to rapid technological changes, extend our platform, develop new features or products, or gain market acceptance for such new features or products, particularly in light of potential disruptions to the productivity of our employees resulting from remote work; our ability to manage our growth or plan for future growth, and our acquisition of other businesses and the potential of such acquisitions to require significant management attention, disrupt our business, or dilute stockholder value; the volatility of the market price of our common stock, the ability to maintain our listing on the NASDAQ Capital Market; or our ability to maintain an effective system of internal controls as well as other risks described in our filings with the Securities and Exchange Commission. Any of such risks could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. Bridgeline Digital, Inc. assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by applicable law. About Bridgeline Digital Bridgeline is a marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. To learn more, please visit www.bridgeline.com or call (800) 603-9936. Contact: Bridgeline Digital, Inc. Thomas Windhausen Chief Financial Officer [email protected] SOURCE: Bridgeline Digital View the original press release on ACCESS Newswire

This article first appeared on GuruFocus. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Bridgeline Digital Inc (NASDAQ:BLIN) tripled last quarter's sales and achieved the highest number of new logo sales in the company's history. The company closed $2.8 million in total contract value with $1.2 million in annual recurring revenue. Average sales price increased significantly to $44,000 in ARR, up from $30,000 last quarter and $21,000 a year ago. Core products had a net revenue retention rate of 107%, indicating strong customer satisfaction and retention. The pipeline grew by 82% year-over-year, with over 500 qualified leads and more than $5 million in ARR potential. Total revenue for the quarter remained flat at $3.9 million compared to the prior year period. Services revenue decreased slightly to $799,000 from $823,000 in the prior year period. Gross profit decreased to $2.5 million from $2.6 million in the prior year period. The company reported a net loss of $0.4 million, although this was an improvement from the previous year's $0.7 million loss. Adjusted EBITDA was negative at EUR43,000, though improved from a negative EUR239,000 in the previous year. Warning! GuruFocus has detected 3 Warning Signs with BLIN. Is BLIN fairly valued? Test your thesis with our free DCF calculator. Q: How has the capital raise last year impacted current sales? A: Ari Khan, President and CEO, explained that the capital raise at the end of March 2025 was aimed at boosting marketing efforts. This quarter, Bridgeline Digital achieved its best performance in terms of winning new logos, directly resulting from the capital raise. The funds were used to enhance marketing, leading to increased brand visibility and deal closures. The company also maintained a strong net revenue retention rate of 107%, indicating high customer satisfaction and continued product innovation. Q: What does the current sales pipeline look like, and how fast is it growing? A: Ari Khan noted that the sales pipeline has nearly doubled since last year, with an 82% year-over-year growth. The pipeline consists of over 500 qualified leads, representing approximately $5.5 million in annual recurring revenue (ARR). The company uses objective metrics to qualify leads, ensuring a 20% close rate. This robust pipeline positions Bridgeline Digital well for continued momentum and growth. Q: Can you provide more details on the financial results for the second quarter of fiscal 2026? A: Thomas Windhausen, CFO, reported total revenue of $3.9 million for the quarter, consistent with the prior year. Subscription revenue was $3.1 million, making up 80% of total revenue, while services revenue was $799,000. The company achieved a gross margin of 64%, with a net loss of $0.4 million, an improvement from the previous year's $0.7 million loss. Adjusted EBITDA was negative $43,000, showing progress from the prior year's negative $239,000. Q: What are the key factors driving the increase in average sales price this quarter? A: Ari Khan highlighted that the average sales price increased significantly due to new AI add-ons and sales to larger companies with extensive catalogs and web traffic needs. The introduction of AI Visual Search and other add-on products contributed to this growth. Existing customers also purchased additional products, further boosting the average sales price. Q: How is Bridgeline Digital leveraging partnerships to drive growth? A: Ari Khan emphasized the importance of partnerships in the company's growth strategy. HawkSearch, a core product, has formed partnerships with agencies and software platforms, such as ZNode, to enhance AI-powered search and personalization capabilities. These partnerships help Bridgeline Digital reach new customers and expand its market presence, particularly in the B2B sector. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

WOBURN, MA / ACCESS Newswire / May 13, 2026 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, announced today that it will release its financial results for the second quarter of fiscal 2026 after market close on Thursday, May 14, 2026. On that day, Ari Kahn, the Company's President and Chief Executive Officer, and Thomas Windhausen, the Company's Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results. The details and registration link for the conference call and replay are as follows: What: Bridgeline Digital Second Quarter 2026 Earnings Call When: Thursday, May 14, 2026 Time: 4:30 p.m. ET Webcast: https://www.webcaster5.com/Webcast/Page/3079/53673 Participants can register for the conference call using the URL above. Registration in advance of the call is recommended. Once registered, participants will receive dial-in numbers and their unique PIN number. About Bridgeline Digital Bridgeline helps companies grow online revenues by increasing their traffic, conversion rate, and average order value through its suite of apps. To learn more, please visit www.bridgeline.com or call (800) 603-9936. Safe Harbor for Forward-Looking Statements Statement under the Private Securities Litigation Reform Act of 1995 All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These statements appear in a number of places in this press release and include statements regarding the intent, belief or current expectations of Bridgeline Digital, Inc. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, including, but not limited to, business operations and the business of our customers, suppliers and partners; our ability to retain and upgrade current customers, increasing our recurring revenue, our ability to attract new customers, our revenue growth rate; our history of net loss and our ability to achieve or maintain profitability; instability in the financial markets, including the banking sector; our liability for any unauthorized access to our data or our users' content, including through privacy and data security breaches; any decline in demand for our platform or products; changes in the interoperability of our platform across devices, operating systems, and third party applications that we do no control; competition in our markets; our ability to respond to rapid technological changes, extend our platform, develop new features or products, or gain market acceptance for such new features or products, particularly in light of potential disruptions to the productivity of our employees resulting from remote work; our ability to manage our growth or plan for future growth, and our acquisition of other businesses and the potential of such acquisitions to require significant management attention, disrupt our business, or dilute stockholder value; the volatility of the market price of our common stock, the ability to maintain our listing on the NASDAQ Capital Market, or our ability to maintain an effective system of internal controls as well as other risks described in our filings with the Securities and Exchange Commission. Any of such risks could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. These forward-looking statements assumes no obligation and does not intend to update these forward-looking statements, except as required by law. For more information, please contact: Thomas Windhausen Bridgeline Digital, Inc. Chief Financial Officer [email protected] SOURCE: Bridgeline Digital View the original press release on ACCESS Newswire

WOBURN, MA / ACCESS Newswire / February 12, 2026 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, today announced financial results for its fiscal 2026 first quarter, which ended December 31, 2025. "Bridgeline's Core products, led by the HawkSearch suite, grew by 17% and now represent more than 63% of the company's subscription revenue," said Ari Kahn, Bridgeline's President and Chief Executive Officer. "HawkSearch adds tremendous value to our customers' online stores which is proven by their outstanding renewal rates and increased investments in the company's newest AI-powered products." Financial Highlights - First Quarter of Fiscal Year 2026 Total revenue, comprised of SaaS Subscription and Services revenue, was $3.9 million for the quarter ended December 31, 2025, an increase from the prior quarter and the prior year comparable quarter. Subscription revenue of $3.2 million increased 4% from $3.0 million in the prior year. Services revenue of $0.8 million increased from $0.7 million in the prior year. Core revenue for the 12 months ended December 31, 2025, grew by 17% compared to the 12 months ended December 31, 2024. Core revenue grew to 60% of total revenue and 63% of subscription revenue, an increase from the prior quarter and the prior year comparable quarter. Sales Highlights In the first quarter of fiscal year 2026, Bridgeline sold 13 new subscription contracts for $1.2M in total contract value, adding over $370,000 in Annual Recurring Revenue. Bridgeline's Core subscription ARR per customer was $33,000 in the first quarter of fiscal 2026 compared to $25,000 in the prior year comparable quarter. Core products Net Revenue Retention ("NRR") was 107% in the first quarter of fiscal 2026. Demand for HawkSearch remained strong across B2B verticals with complex catalogs, contributing to higher-value subscription bookings during the quarter and supporting the Company's focus on recurring AI-driven revenue. Product Highlights The following enhancements were made to the HawkSearch platform: Spark (New UX Platform) - HawkSearch released the initial version of Spark, its next-generation user experience platform for administrators. Spark provides a unified foundation for future AI-driven enhancements, including upcoming Merchandising and Analytics Assistants. Spark represents a significant step in modernizing the user experience while enabling scalable AI innovation across the platform. Contextual Fields - HawkSearch introduced Contextual Fields, a high-performance feature designed to support tens of thousands of values per field (product attributes), enabling advanced use cases such as franchise, multi-location, and customer-specific pricing and availability. A customer recently leveraged this capability to process over 1,000 real-time availability updates per minute from distributed POS systems. Advanced Analytics API - The HawkSearch Advanced Analytics platform now enables customers to integrate HawkSearch analytics data into their own Business Intelligence environments. This extensibility provides greater visibility into search and customer behavior and establishes the technical foundation for the upcoming Analytics Assistant. Barcode Scanner Integration - HawkSearch added a built-in barcode scanning capability, allowing users to instantly locate products by scanning on a mobile device. This feature complements our visual and image-based search functionality within Smart Search and improves product discovery. AI Content Extractor - HawkSearch launched its AI Content Extractor, an AI-powered tool designed to index and structure unstructured content such as PDF technical specification sheets and other document repositories. The solution leverages AI to automatically generate metadata and categorization fields, create summaries, and vectorize content for Smart Search and Smart Response, which helps customers find and buy more products. Partner Highlights HawkSearch was named an Allied Partner of the National Association of Electrical Distributors (NAED). This deepens our engagement with the electrical distribution community. By leveraging AI capabilities such as Concept Search, Smart Response, and advanced product recommendations, HawkSearch aims to help distributors improve customer satisfaction and drive online growth. HawkSearch joined the Agentic Commerce Alliance (ACA), the world's only open initiative dedicated to ensuring agent-driven commerce remains accessible, secure, and beneficial for merchants of all sizes. As a member, HawkSearch will contribute its expertise in AI-driven product discovery, personalization, and merchandising intelligence to help develop open standards that enable trustworthy, interoperable agentic systems. Customer Highlights A national closeout retailer, with over 170 locations and a rapidly expanding eCommerce presence, selected HawkSearch to power their on-site search experience. The closeout retailer turned to HawkSearch to overcome their current solution's rigid filtering, limited merchandising flexibility, and challenges guiding shoppers to relevant and complementary products. HawkSearch improves their search with advanced merchandising controls, AI-driven relevance, and flexible filtering. A leading U.S. based distributor of specialty lighting products and power solutions using Commerce, Inc as their eCommerce platform has gone live with HawkSearch. HawkSearch's Smart Search lets their customers search with images, concepts and questions to find items quickly and accurately. HawkSearch also delivers advanced filtering, precise product matching, and a streamlined purchasing experience, helping customers locate specialized components with confidence. A major Midwest-based wholesale distributor using the Optimizely eCommerce platform launched HawkSearch to elevate its online product discovery and deliver an exceptional digital experience to its customers in the construction, industrial, plumbing, and HVAC industries. Key features delivered include Autocomplete, Measurement Conversion, and a planned rollout of AI-powered Recommendations designed to streamline the buying process and improve customer engagement. A leading wholesale supplier serving both B2B and B2C markets has selected HawkSearch to power product discovery across five eCommerce sites. HawkSearch was chosen for its B2B foundation, multi-site support, and AI-driven recommendations. As part of the implementation, the company will deploy HawkSearch's AI suite, including Concept Search, Image Search, Visual Search, and Hybrid Search, to help customers discover and purchase products using text and image-based searches. A national industrial supplier focused on improving search relevancy, customer engagement, and merchandising control has launched HawkSearch to meet its objectives to improve search relevancy, engage logged-in customers, and enable stronger merchandising capabilities. Fine-grained relevance tuning, Measurement Conversion and Boost & Bury rules were used to enhance product discovery by providing precise control over how products are ranked and surfaced to customers. Financial Results - First Quarter of Fiscal Year 2026 Total revenue, which is comprised of Subscription and Services revenue, was $3.9 million for the quarter ended December 31, 2025, as compared to $3.8 million for the same period last year. Subscription revenue, which is comprised of SaaS licenses, maintenance and hosting revenue, was $3.2 million for the quarter ended December 31, 2025, as compared to $3.0 million for the same period last year. As a percentage of total revenue, Subscription revenue was 81% of total revenue for the quarter ended December 31, 2025, as compared to 80% for the same period last year. Services revenue was $0.8 million for the quarter ended December 31, 2025, compared to $0.7 million for the same period last year. As a percentage of total revenue, Services revenue accounted for 19% of total revenue for the quarter ended December 31, 2025, as compared to 20% for the same period last year. Cost of revenue was $1.3 million for the quarter ended December 31, 2025, an increase as compared to $1.3 million for the same period last year. Gross profit was $2.6 million for the quarter ended December 31, 2025, as compared to $2.5 million for the same period last year. Gross margin was 66% for the quarter ended December 31, 2025, as compared to 67% for the same period last year. Subscription gross margin was 69% for three months ended December 31, 2025, as compared to 71% for the same period last year. Services gross margin was 55% for the three months ended December 31, 2025, as compared to 51% for the same period last year. Operating expenses were $2.8 million for the quarter ended December 31, 2025, as compared to $3.0 million for the same period last year. Operating loss for the quarter ended December 31, 2025 was $0.2 million, as compared to $0.5 million for the same period last year. Net loss for the quarter ended December 31, 2025, was $0.1 million, compared to a net loss of $0.6 million for the same period last year. Conference Call Bridgeline Digital, Inc. will hold a conference call today, February 12, 2026, at 4:30 p.m. Eastern Time to discuss these results. The Company's President and Chief Executive Officer, Ari Kahn, and Chief Financial Officer, Thomas Windhausen, will host the call, followed by a question-and-answer period. The details of the conference call webcast and replay are as follows: Bridgeline Digital First Quarter 2026 Earnings Call Thursday, February 12, 2026, at 4:30 p.m. ET Webcast Registration: https://www.webcaster5.com/Webcast/Page/3079/53442 Non-GAAP Financial Measures This press release contains references to Adjusted EBITDA, a Non-GAAP financial measure. Adjusted EBITDA is defined as earnings before interest, taxes, depreciation, amortization, stock-based compensation expense, impairment of goodwill and intangible assets, non-cash warrant related income/expense, changes in fair value of contingent consideration, restructuring and acquisition-related costs, amortization of debt discounts, preferred stock dividends and any related tax effects. Bridgeline uses Adjusted EBITDA as a supplemental measure of our performance that is not required by, or presented in accordance with, accounting principles generally accepted in the United States ("GAAP"). Bridgeline's management does not consider Non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of Non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in the Company's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these Non-GAAP financial measures. To compensate for these limitations, Bridgeline management presents Non-GAAP financial measures in connection with GAAP results. Bridgeline urges investors to review the reconciliation of its Non-GAAP financial measure to the comparable GAAP financial measure, which is included in this press release, and not to rely on any single financial measure to evaluate Bridgeline's financial performance. Our definition of Non-GAAP Adjusted EBITDA may differ from and therefore may not be comparable with similarly titled measures used by other companies, thereby limiting its usefulness as a comparative measure. As a result of the limitations that Adjusted EBITDA has as an analytical tool, investors should not consider it in isolation, or as a substitute for analysis of our operating results as reported under GAAP. Other Terms Core Product revenue includes all subscription license and services revenue from HawkSearch, WooRank licenses for HawkSearch customers, and AccessiBe. Net Revenue Retention ("NRR") is measured as the current period trailing twelve months Monthly Recurring Revenue ("MRR"), including Cross Sales and Net Renewal (expansion less contraction) MRR, all divided by trailing twelve months MRR for the previous period trailing twelve months. Safe Harbor for Forward-Looking Statements Statement under the Private Securities Litigation Reform Act of 1995 All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These statements appear in a number of places and include statements regarding the intent, belief or current expectations of Bridgeline Digital, Inc. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, including, but not limited to, business operations and the business of our customers, suppliers and partners; our ability to retain and upgrade current customers, increasing our recurring revenue, our ability to attract new customers, our revenue growth rate; our history of net loss and our ability to achieve or maintain profitability, instability in the financial markets, including the banking sector; our liability for any unauthorized access to our data or our users' content, including through privacy and data security breaches; any decline in demand for our platform or products; changes in the interoperability of our platform across devices, operating systems, and third party applications that we do not control; competition in our markets; our ability to respond to rapid technological changes, extend our platform, develop new features or products, or gain market acceptance for such new features or products, particularly in light of potential disruptions to the productivity of our employees resulting from remote work; our ability to manage our growth or plan for future growth, and our acquisition of other businesses and the potential of such acquisitions to require significant management attention, disrupt our business, or dilute stockholder value; the volatility of the market price of our common stock, the ability to maintain our listing on the NASDAQ Capital Market; or our ability to maintain an effective system of internal controls as well as other risks described in our filings with the Securities and Exchange Commission. Any of such risks could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. Bridgeline Digital, Inc. assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by applicable law. About Bridgeline Digital Bridgeline is a marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. To learn more, please visit www.bridgeline.com or call (800) 603-9936. Contact: Bridgeline Digital, Inc. Thomas Windhausen Chief Financial Officer [email protected]   SOURCE: Bridgeline Digital View the original press release on ACCESS Newswire