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Brightcove Inc reports results for the quarter ended in December - Earnings Summary

* Brightcove Inc  BCOV.OQ  reported quarterly adjusted
earnings of
10 cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 3 cents per share.
    * Revenue fell 2% to $52.64 million from a year ago; 
analysts
expected $51.55 million. 
    * Brightcove Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Brightcove Inc shares had fallen by 7.7% this quarter.
    * The company reported quarterly net income of $417
thousand.
    * Wall Street's median 12-month price target for Brightcove
Inc is
$14.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 16 at 10:01 p.m.
 ​All figures in US dollars unless otherwise stated

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