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Brightcove Inc Issues Q2 2013 Guidance; Revenue Guidance Above Analysts' Estimates; Raises FY 2013 Guidance


Tuesday, 30 Apr 2013 04:05pm EDT 

Brightcove Inc announced that for the second quarter 2013, it expects revenue to be $25.7 million to $26.2 million, and non-GAAP loss from operations to be $1.4 million to $1.7 million. Assuming approximately 28.2 million shares outstanding, Brightcove expects its non-GAAP net loss per basic and diluted share attributable to common stockholders to be $0.06 to $0.07. For fiscal 2013, it is raising guidance for revenue and non-GAAP loss from operations. Revenue is expected to be $104 million to $106 million, and non-GAAP loss from operations is expected to be $3.3 million to $4.8 million. Assuming approximately 28.4 million shares outstanding, Brightcove expects its non-GAAP net loss per basic and diluted share attributable to common stockholders to be $0.15 to $0.22. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $25.3 million and EPS of $(0.07) for the second quarter of 2013; revenues of $104 million and EPS of $(0.21) for fiscal 2013. 

Company Quote

8.5
-0.03 -0.35%
4:00pm EDT