Brightcove Inc expected to post a loss of 1 cent a share - Earnings Preview

Brightcove

10/02/2023 11:07

* Brightcove Inc  BCOV.OQ   BCOV.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 23
(estimated). 
    * The Boston Massachusetts-based  company is expected to
report  a
5.5% decrease in revenue to $49.762 million from $52.64 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on November 2
2022, for the period ended December 31, was for revenue between
$49.20 million and $50.20 million.
    * ​Refinitiv's mean analyst estimate for Brightcove Inc is
for a
loss of 1 cent per share. The company's EPS guidance on November
2 2022, for the period ended December 31, was between $-0.03 and
$0.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Brightcove
Inc is
$7.5​, above​ its last closing price of $6.37. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD-800 thousand and USD-200 thousand.The company's guidance on
November 2 2022 for the period ended December 31 was for
Earnings before Interest, Taxes, Depreciation and Amortization
of between USD49.2 million and USD2.3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.03        0.03       0.05      Beat    66.7
 Jun. 30 2022  0.05        0.05       0.10      Beat    122.2
 Mar. 31 2022  0.04        0.04       0.10      Beat    185.7​
 Dec. 31 2021  0.03        0.03       0.10      Beat    233.3
 ​​Sep.        0.02        0.02       0.05      Beat    150
 30 2021                                                
 Jun. 30 2021  0.03        0.03       0.11      Beat    312.4​
 Mar. 31 2021  0.10        0.10       0.15      Beat    45.2
 Dec. 31 2020  0.05        0.06       0.14      Beat    133.3
 This summary was machine generated February 10 at 11:07 GMT. 
All figures in US dollars  unless otherwise stated