Revenue up 13% on year-ago
Bridgeline Software, a developer of web application management software, has posted a net income of $218,000, or $0.02 per diluted share, for the fiscal second quarter ended March 31, 2009, compared to a net income of $112,000, or $0.01 per diluted share, for the same period in fiscal 2008.
The company has reported a revenue of $6.09m for the second quarter of fiscal 2009, an increase of $700,000 or 13% compared to $5.39m for the same period in fiscal 2008.
For the first six months of fiscal 2009, the company has posted a net income of $383,000, or $0.04 per diluted share, compared to a net income of $149,000, or $0.02 per share, for the same period in 2008. Revenue was $12.57m for the first six months of fiscal 2009, compared to $9.60m for the same period in 2008.
Thomas Massie, chairman and CEO of Bridgeline Software, said: New bookings and new iAPPS software licenses in second quarter of 2009 were robust. In today’s challenging economic environment, we believe the cost efficiencies and productivity gains offered by Bridgeline Software become even more relevant for both current and future customers.