Brightcove Inc. (NASDAQ:BCOV) is reporting second quarter financial results on Wednesday 22nd July 2020, after market close.
According to analysts surveyed by Thomson Reuters, BCOV is expected to report 2Q20 loss of $ 0.03 per share from revenue of $ 44.89 million.
For the full year, analysts anticipate top line of $ 182.74 million, while looking forward to income of $ 0.02 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 44.50 million ~ $ 46.00 million
Full Year 2020 topline are forecasted in a range of$ 192.00 million ~ $ 196.00 million, where as bottomline are predicted in a range of $ 0.19 ~ $ 0.29 per share
Click Here For More Historical Outlooks Of Brightcove Inc.
Previous Quarter Performance
Brightcove Inc. revealed income for the first quarter of $ 0.04 per share, from the revenue of $ 46.65 million. The quarterly revenues increased 15.84 percent compared with the same quarter last year. The consensus estimates are income of $ 0.04 per share from $ 47.17 million in revenue. The bottom line results street analysts by $ 0 or , at the same time, top line results fell short of analysts by $ 0.52 million or 1.1 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Brightcove Inc.
Stock Performance
According to the previous trading day, closing price of BCOV was $ 8.05, representing a 47.98 % increase from the 52 week low of $ 5.44 and a 37.5 % decrease over the 52 week high of $ 12.88.
The company has a market capital of $ 313.77 million and is part of the Technology sector and Software – Application industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”BCOV” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Conference Call
Brightcove Inc. will be hosting a conference call at 5:00 PM eastern time on 22nd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.brightcove.com
Brightcove Inc. provides cloud-based services for video. It offers Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices.
