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home / news releases / BLIN - Bridgeline Digital CEO says HawkSearch led 3Q growth as focus on core products grows

BLIN - Bridgeline Digital CEO says HawkSearch led 3Q growth as focus on core products grows

Bridgeline Digital Inc.

--News Direct--

BridgeLine Digital CEO Ari Kahn takes Proactive's Stephen Gunnion through the company's third-quarter results, which reveal a strong compound annual growth rate (CAGR) of 15% in the company's core products, led by HawkSearch which signed over $1 million in new customer contracts during the quarter.

Collaborations with the likes of SalesForce, Optimizely, BigCommerce, and Duda have proven fruitful, driving efficient sales cycles and expanding their market.

Kahn anticipated significant growth, driven by upcoming initiatives, including the Bronco release that shortens sales cycles by 20%, and the introduction of advanced analytics and a franchise search solution.

Despite projected declines in legacy products, Bridgeline foresees robust 15%+ growth in their core offerings, with the catalyst being the upcoming releases and partnerships, ensuring strong progress into fiscal 24.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/bridgeline-digital-ceo-says-hawksearch-led-3q-growth-as-focus-on-core-products-grows-270150161

Stock Information
Company Name: Bridgeline Digital Inc.
Stock Symbol: BLIN
Market: NASDAQ
Website: bridgeline.com
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