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home / news releases / BLIN - Bridgeline's Conflicting Strategies


BLIN - Bridgeline's Conflicting Strategies

Summary

This tiny company has been trying to sell big-ticket enterprise software to big clients. It has failed. Sales declined steadily from $23.7 million in 2014 to $10 million in 2019. Through Q319, the company was spending $4.0 million in operational expenses quarterly to win approximately $2.7 million in sales. The stock is down 98% from only two years ago. In the spring of 2019 it acquired two more products, which confused the product line even more and required the company to split its resources over three engineering platforms and two client segments. The germ

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Stock Information

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

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