Strong Q1 Sales Performance
Bridgeline signed 28 license sales, adding $2.7 million in new contracts and $800,000 in annual contract value. This represents the second-best sales quarter in the company's history.
Growth in Core Revenue
Core revenue from Hawk Search products and eCommerce 360 embedding, including WooRank, was $2.1 million with double-digit growth and a net revenue retention of 107%.
Successful Product Launches and Partnerships
Released eight AI-based products, launched BigCommerce Catalyst Connector, and formed partnerships with Optimizely, OroCommerce, and Salesforce, enhancing market reach and product capabilities.
Cost Efficiency and Strategic Resource Allocation
Operating expenses decreased by 4% compared to the prior year, with a strategic shift from R&D to sales and marketing to leverage market demand.