Brief: Brightcove Announces Financial Results For Q4, FY 2020

Brightcove

17/02/2021 21:23

Feb 17 (Reuters) - Brightcove Inc  BCOV.O :
    * BRIGHTCOVE ANNOUNCES FINANCIAL RESULTS FOR FOURTH QUARTER
AND
FISCAL YEAR 2020
    * Q4 NON-GAAP EARNINGS PER SHARE $0.14 EXCLUDING ITEMS
    * Q4 EARNINGS PER SHARE $0.05
    * Q4 REVENUE $53.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$49.8
MILLION
    * SEES Q1 NON-GAAP EARNINGS PER SHARE $0.09 TO $0.11
EXCLUDING
ITEMS
    * SEES FY 2021 NON-GAAP EARNINGS PER SHARE $0.44 TO $0.56
EXCLUDING ITEMS
    * SEES Q1 REVENUE $53 MILLION TO $54 MILLION
    * SEES FY 2021 REVENUE $211 MILLION TO $217 MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.06 -- REFINITIV IBES
DATA
    * FOR FY 2021 NON-GAAP INCOME FROM OPERATIONS IS EXPECTED TO
BE IN
RANGE OF $20.0 MILLION TO $25.0 MILLION
    * FOR FY 2021 ADJUSTED EBITDA IS EXPECTED TO BE IN RANGE OF
$25.5
MILLION TO $30.5 MILLION
    * FOR Q1 2021 NON-GAAP INCOME FROM OPERATIONS IS EXPECTED TO
BE IN
RANGE OF $4.0 MILLION TO $5.0 MILLION
    * FOR Q1 2021 ADJUSTED EBITDA IS EXPECTED TO BE IN RANGE OF
$5.4
MILLION TO $6.4 MILLION
    * ENDED QUARTER WITH 3,330 CUSTOMERS, OF WHICH 2,279 WERE
PREMIUM
    * AVERAGE ANNUAL SUBSCRIPTION REVENUE PER PREMIUM CUSTOMER
WAS
$97,200 IN Q4 OF 2020

Source text for Eikon:  ID:nBw7gVRz4a 
Further company coverage:  BCOV.O 

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