This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Privacy Overview
Brightcove Inc. (BCOV) stock falls in the pre-market trading. What has happened?
Brightcove Inc. (NASDAQ: BCOV) stock plunged by 0.15% at last close while the BCOV stock keeps on declining by 13.37% in the pre-market trading session after Brightcove has announced its financial results for the first quarter of 2021. Brightcove’s award-winning technology has been helping consumers explore and experience the amazing power of video since 2004, enabling organizations in more than 70 countries around the world to reach audiences in bold and creative ways.
Financial Highlights
On April 28, 2021, BCOV reported its financial results for the first quarter ended March 31, 2021. Given below are the highlights:
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Future Outlook
Giving an idea about BCOV’s future business progress, the revenue for the second quarter of 2021 is estimated to be in the range of $49.5 million to $50.5 million, including about $2.7 million in professional services revenue, while revenue for the year is expected to be in the range of $211.0 million to $217.0 million, including about $12.5 million in professional services revenue.
Non-GAAP income from operations is estimated to be between $1.0 million to $2.0 million in Q2 2021, except $9.2 million in stock-based compensation, $3.0 million in amortization of acquired intangible assets, and ($2.0) million in other (benefit) cost. Non-GAAP income from operations is forecast to be in the range of $20.0 million to $25.0 million for the full year 2021.
Most Popular
Surge In TRxADE (MEDS) Shares Following Business Combination Announcement
Bullfrog AI (BFRG) Shares Surge As Company Announces Major Analytical Breakthrough
STRATA (SSKN) Stock Climbs After Promising Clinical Trial Results
LivePerson (LPSN) Stock Surge Following Earnings Date Disclosure
Related Posts
Surge In TRxADE (MEDS) Shares Following Business Combination Announcement
Bullfrog AI (BFRG) Shares Surge As Company Announces Major Analytical Breakthrough
STRATA (SSKN) Stock Climbs After Promising Clinical Trial Results
LivePerson (LPSN) Stock Surge Following Earnings Date Disclosure