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

Brightcove

29/07/2021 01:32

* Brightcove Inc  BCOV.OQ  reported quarterly adjusted earnings
of 11 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 3 cents per share.
* Revenue rose 7.4% to $51.47 million from a year ago;  analysts
expected $50.14 million. 
* Brightcove Inc's reported EPS for the quarter was 2 cents​.
* 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 10.8% this quarter and
lost 30.4% so far this year.
* The company reported quarterly net income of $870 thousand.
* Wall Street's median 12-month price target for Brightcove Inc
is $29.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 12:32 a.m.  ​All
figures in US dollars unless otherwise stated