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

Commerce.com

05/05/2023 01:52

* Bigcommerce Holdings Inc  BIGC.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in March. The
mean expectation of fifteen analysts for the quarter was for a
loss of 13 cents per share.
    * Revenue rose 8.6% to $71.76 million from a year ago;
analysts
expected $71.51 million. 
    * Bigcommerce Holdings Inc's reported EPS for the quarter
was a
loss of 30 cents​.
    * The mean earnings estimate of analysts had fallen by
about 20.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Bigcommerce Holdings Inc shares had fallen by 21.3% this
quarter and lost 19.5% so far this year.
    * The company reported a quarterly loss of $22.12 million.
    * Wall Street's median 12-month price target for Bigcommerce
Holdings Inc is $11.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 12:52 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.13          -0.07          Beat
 Dec. 31 2022      -0.19          -0.10          Beat
 Sep. 30 2022      -0.21          -0.15          Beat
 Jun. 30 2022      -0.24          -0.19          Beat