Bridgeline Digital Inc (NASDAQ:BLIN) CEO Ari Kahn tells Proactive the Woburn, Massachusetts-based technology firm saw its revenue rise by 51% year-over-year in the first quarter of 2022 off the strength of its subscription and licenses revenue.
Kahn says the group posted $4.3 million in revenue in the three-month period to end December 31, 2021, an increase from $2.8 million in the same year-ago period. The firm also swung to a profit in 1Q at $1.9 million, or $0.18 per share, compared to a net loss of $1.2 million or $0.26 per share in the comparable year-ago quarter.