STOCKS TELEGRAPH

Tag: NASD:BLIN

  • Bridgeline (BLIN) Stock Fell In Extended Trading Because Of What?

    In after-hours trading on Tuesday, shares of the provider of cloud-based marketing technology software, Bridgeline Digital Inc. (BLIN) were down -5.92% at $6.83. At the end of the last trading session, Bridgeline stock traded for $7.26, up 20.80%. During the regular trading, BLIN stock traded between $6.6359 and $9.99.

    BLIN stock traded 52.46 million shares, higher than its daily average of 5.75 million shares over 100 days. In the past five days, BLIN shares have declined by -40.64%, while in the past month, they have gained by 167.90%.  Following a significant contract win in Singapore, the BLIN stock price took a dip in after-hours trading after adding to its value in regular session.

    The contract was for what?

    The Unbound cloud-based marketing platform and an array of apps from Bridgeline help companies increase sales by increasing traffic, conversions, and order values. As part of its portfolio of digital products, BLIN offers OrchestraCMS by Bridgeline and Celebros Search by Bridgeline. In addition to serving vertical markets with direct sales, BLIN has direct sales efforts in areas of financial services, retail brand names, health services, life sciences, technology, credit unions and regional banks, and associations and foundations.

    Further, BLIN provides services such as digital strategy, web development, usability engineering, information architecture, and search engine optimization; security monitoring, emergency response, version control, load balancing, managed firewalls, and virus protection; and shared, dedicated, and Software as a Service hosting.

    Bridgeline has announced a three-year contract with BLIN subsidiary Hawksearch to improve a government agency’s digital experience in Singapore.

    • Taxes collected by the agency are responsible for about 70% of operating revenue for the government as it is the main tax collector.
    • By achieving quality growth and inclusive society, Singapore achieves its economic and social goals.
    • Having just begun the construction of a new website, the agency decided it needed Hawksearch to provide relevant search results and personalized results to all visitors.
    • Hawksearch provides a broad suite of eCommerce apps, a powerful site search engine, and a comprehensive dashboard.
    • Hawksearch will now be able to work with global partners and government agencies thanks to this 3-year agreement.
    • Hawksearch has been given the opportunity to provide intelligent site search to a government agency.

     BLIN’s recent acquisition is paying off?

    Hawksearch is an intelligent product search and recommendation engine that Bridgeline (BLIN) acquired in May. The acquisition of Hawksearch resulted in BLIN adding the product to its Unbound range. Hawksearch serves not only as a critical component of BLIN’s full eCommerce360 strategy but also as a way to advance its artificial intelligence-driven technology in support of its overall product portfolio.

  • Why Bridgeline (BLIN) Stock Is Trading Higher In Premarket?

    As of the last check, Bridgeline Digital Inc. (BLIN) gained 14.94% to $10.31 in premarket trades today. BLIN closed the regular trading session at $8.97, up 56.0%. The Bridgeline stock price ranged between $6.0105 and $8.97. BLIN stock traded 144.08 million shares, which was far higher than its daily average of 3.84 million shares over 100 days.  In the wake of receiving more than $2.5 million, BLIN stock is rising.

    What made BLIN receive the amount?

    Bridgeline’s marketing platform and apps help companies increase their online revenues by building traffic, conversion rates, and average order values. Bridging the gap between experience management and digital transformation, BLIN develops the award-winning Bridgeline Unbound (formerly iAPPS) platform. BLIN Product Suite helps marketing professionals deliver online experiences that attract, engage, nurture, and convert their customers across all digital channels using a cohesive, cloud-based solution powered by web content management, eCommerce, eMarketing, and web analytics.

    A recent CODiE Award winner and finalist for Best Content Management, Digital Marketing & Commerce Solution, BLIN offers cloud-based content management and digital marketing. BLIN offers end-to-end solutions for digital engagement, including web application design and development, as well as usability and digital strategy, leveraging a Microsoft Gold Certified application engineer team and partner network.

    As of Friday, Bridgeline had received over $2.5M cash from warrant exercises.

    • BLIN issued the warrants with a $4.00 strike price in 2019.
    • These funds bring BLIN’s total cash position to approximately $6 million.
    • Through this additional capital, BLIN will accelerate growth and execute its eCommerce 360 strategy for 2,500 customers.
    • BLIN will drive traffic, increase conversions, and increase average order value.
    • WooRank and HawkSearch were acquired by BLIN in 2021.
    • WooRank improves search engine optimization by driving traffic to websites.
    • By increasing conversions and optimizing visitors’ search experiences on eCommerce websites, HawkSearch increases revenue.

    Further from BLIN:

    In addition, last week Bridgeline announced that more than 20 site search licenses were acquired by its partner network for Celebros and HawkSearch, its most recent acquisition. The current partners of Bridgeline (BLIN) include Shopify, BigCommerce,

    Salesforce,Oro Commerce,  Magento, SAP,Optimizely, and AmericanEagle.com. BLIN’s capability to combine Celebros and HawkSearch makes it a leading player in the site search market. BLIN leverages technology such as personalization, recommendations, and machine learning algorithms that rely on user behavior to provide highly relevant and accurate results.