Bridgeline Digital, Inc. (Nasdaq:BLIN), a developer of award-winning web experience management (WEM) software and interactive technology solutions, announced that its fiscal year end is fast approaching on September 30, 2011. Despite the manic economy, Bridgeline expects to report record revenues in excess of $26 million. This is a 12% increase when compared to fiscal 2010 revenues. In fiscal 2011 Bridgeline's new bookings are expected to increase approximately 28% to $27 million, compared to fiscal 2010 new bookings of $21 million. In addition, new iAPPS licenses sold in fiscal 2011 are expected to increase 52% when compared to fiscal 2010. Lastly, in fiscal 2011, Bridgeline expects its EBITDA to be approximately $1.5 million and cash positive from operations.
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