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

Brightcove

07/05/2024 03:04

* Brightcove Inc  BCOV.OQ   BCOV.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Boston Massachusetts-based  company is expected to
report a
1.0% increase in revenue to $49.548 million from $49.06 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on February 22 2024,
for the period ended March 31, was for revenue between $49.00
million and $50.00 million.
    * ​LSEG's mean analyst estimate for Brightcove Inc is for
earnings
of 1 cent per share. The company's EPS guidance on February 22
2024, for the period ended March 31, was between $-0.01 and
$0.02 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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
$4.00​, above​ its last closing price of $1.88. ​​​

The company's guidance on February 22 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between USD0
and USD1 million.The company's guidance on February 22 2024 for
the period ended March 31 was for Earnings before Interest,
Taxes, Depreciation and Amortization of between USD49 million
and USD5 million.
This summary was machine generated May 7 at 02:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)