Bridgeline Digital Inc
BRIEF: For the three months ended 31 December 2012, Bridgeline Digital Inc revenues decreased 5% to $6.2M. Net loss increased 39% to $642K. Revenues reflect Web application development services decrease of 9% to $4.9M, Managed service hosting decrease of 10% to $556K. Higher net loss reflects General and Administrative increase of 35% to $1.4M (expense), Sales and Marketing increase of 7% to $1.8M (expense).
Common Stock $.001 Par, 02/11, 20M auth., 12,188,208 issd. insiders control 22.30%. IPO: 6/29/2007, 3M shs. @ $5 per share by Joseph Gunnar & Co., LLC and Security Research Associates, Inc.
Bridgeline Digital, Inc. (Bridgeline) is a developer of a unified Web engagement management product suite named iAPPS and interactive technology solutions that help organizations optimize business processes. Bridgeline’s iAPPS product range provides solutions that integrate Web Content Management, e-commerce, eMarketing, and Web Analytics capabilities within the mission critical Website, on-line stores, intranets, extranets, or portals in which they reside. During the fiscal year ended September 30, 2010 (fiscal 2010), it acquired TMX Interactive, Inc (TMX) and e.Magination network, LLC (e.Magination). It released iAPPS Commerce, which provides business users with a fully-functional, business to business (B2B) and business to customer (B2C) e-commerce system. In October 2011, the Company acquired Magnetic Corp. In June 2012, the Company acquired MarketNet.
