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Bridgeline Digital Q4 revenue increased 20%

Staff writer ▼ | December 31, 2014
Bridgeline Digital announced financial results for its fourth quarter and fiscal year ended September 30, 2014. Recurring revenue increased 20% in Q4 to $1.8 million, compared to $1.5 million in the fourth quarter of 2013.
Bridgeline Digital
Good quarter   $1.8 million in Q4 for Bridgeline Digital
Subscription and perpetual license revenue increased 8% to $1.4 million in the fourth quarter, compared to $1.3 million in the fourth quarter of 2013.

Revenue from our non-iAPPS, or legacy business, decreased by approximately 31%, when compared to the fourth quarter of 2013. Revenue for the fourth quarter of 2014 was $5.8 million, compared to $6.7 million in the fourth quarter of 2013. Subscription and perpetual license revenue increased 43% to $5.7 million in fiscal 2014, compared to $4 million in fiscal 2013.

Recurring revenue increased 33% in fiscal 2014 to $6.9 million, compared to $5.2 million in fiscal 2013.

Revenue from our core business increased 6%, to $20.3 million in fiscal 2014 compared to $19.1 million in fiscal 2013. Revenue from non-iAPPS, or legacy business, decreased by approximately 40%, when compared to Fiscal 2013. New bookings increased to over $32M in fiscal 2014, compared to $26M in fiscal 2013.

Bridgeline Digital was honored with 27 industry related awards for iAPPS driven websites or web stores.


 

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