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

Brightcove

28/04/2022 19:28

* Brightcove Inc  BCOV.OQ  reported quarterly adjusted
earnings of
10 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
4 cents per share.
    * Revenue fell 2.6% to $53.38 million from a year ago; 
analysts
expected $50.78 million. 
    * Brightcove Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 44.7%
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 15.0% this quarter and
lost 35.1% so far this year.
    * The company reported a quarterly loss of $1.64 million.
    * Wall Street's median 12-month price target for Brightcove
Inc is
$8.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 28 at 06:28 p.m.  ​All
figures in US dollars unless otherwise stated