Brightcove Inc expected to post a loss of 6 cents a share - Earnings Preview

Brightcove

02/05/2023 03:05

* Brightcove Inc  BCOV.OQ   BCOV.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 3. 
    * The Boston Massachusetts-based  company is expected to
report  a
7.6% decrease in revenue to $49.306 million from $53.38 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on February 23
2023, for the period ended March 31, was for revenue between
$49.00 million and $50.00 million.
    * ​Refinitiv's mean analyst estimate for Brightcove Inc is
for a
loss of 6 cents per share. The company's EPS guidance on
February 23 2023, for the period ended March 31, was between
$-0.08 and $-0.05 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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
$8.5​, above​ its last closing price of $4.02. ​​​

The company's guidance on February 23 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD-3 million and USD-2 million.The company's guidance on
February 23 2023 for the period ended March 31 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
49 million and 1 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.01       -0.01      -0.02     Missed  -50
 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.        0.03        0.03       0.10      Beat    233.3
 31 2021                                                
 Sep. 30 2021  0.02        0.02       0.05      Beat    150​
 Jun. 30 2021  0.03        0.03       0.11      Beat    312.4
 Mar. 31 2021  0.10        0.10       0.15      Beat    45.2
 This summary was machine generated May 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated