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

Brightcove

02/08/2023 23:38

* Brightcove Inc  BCOV.OQ  reported quarterly adjusted
earnings of
1 cent​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue fell 6.4% to $50.99 million from a year ago;
analysts
expected $50.66 million. 
    * Brightcove Inc's reported EPS for the quarter was a loss
of 14
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Brightcove Inc shares had risen by 8.7% this quarter and
lost 16.6% so far this year.
    * The company reported a quarterly loss of $6.24 million.
    * Wall Street's median 12-month price target for Brightcove
Inc is
$7.00 
    * 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 from LSEG Refinitiv data
August 2 at 10:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          0.01           Beat
 Mar. 31 2023      -0.06          -0.15          Missed
 Dec. 31 2022      -0.01          -0.02          Missed
 Sep. 30 2022      0.03           0.05           Beat