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

* Brightcove Inc  BCOV.OQ  reported quarterly adjusted earnings
of 15 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 10 cents per share.
* Revenue rose 17.5% to $54.82 million from a year ago​; 
analysts expected $53.46 million.
* Brightcove Inc's reported EPS for the quarter was 12 cents​.
* The mean earnings estimate of analysts had risen by
about 40.9% 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 3.2% this quarter and
gained 5.9% so far this year.
* The company reported quarterly net income of $5.13 million.
* 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 April 29 at 12:37 a.m. GMT.
​All figures in US Dollars.​

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