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Brightcove Inc Issues Q3 2013 Guidance; Raises FY 2013 Guidance


Thursday, 25 Jul 2013 04:05pm EDT 

Brightcove Inc announced that for the third quarter of 2013, it expects revenue to be $26.8 million to $27.3 million, and non-GAAP loss from operations to be $0.9 million to $1.2 million. Brightcove expects its net loss per basic and diluted share attributable to common stockholders to be $0.14 to $0.15. Brightcove expects its non-GAAP net loss per basic and diluted share attributable to common stockholders to be $0.05 to $0.06, which excludes the estimated expenses referenced in the previous sentence. The Company is raising its fiscal 2013 guidance for revenue and non-GAAP loss from operations. Revenue is expected to be $106.3 million to $107.5 million, and non-GAAP loss from operations is expected to be $3.0 million to $4.0 million. Assuming approximately 28.4 million shares outstanding, Brightcove expects its net loss per basic and diluted share attributable to common stockholders to be $0.48 to $0.53. Brightcove expects its non-GAAP net loss per basic and diluted share attributable to common stockholders to be $0.13 to $0.18, which excludes the estimated expenses referenced in the previous sentence. 

Company Quote

8.58
-0.45 -4.98%
1:51pm EDT