Bridgeline Digital: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Bridgeline Digital (NASDAQ:BLIN) reported Q1 earnings with an EPS of $-0.02, beating estimates by 50% but with a revenue decrease of $328 thousand from the previous year. Despite beating EPS estimates in the past, such outcomes have led to mixed stock price movements.
February 14, 2024 | 9:20 pm
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Bridgeline Digital reported a better-than-expected Q1 EPS of $-0.02, surpassing estimates by 50%, but saw a revenue decline from the previous year.
While Bridgeline Digital's EPS beat might be seen positively, the revenue decline and mixed historical stock reactions to past earnings beats suggest a neutral short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100