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Brightcove Inc Issues Q4 2013 Guidance; EPS Guidance Above Analysts' Estimates; Raises FY 2013 Guidance


Thursday, 24 Oct 2013 04:01pm EDT 

Brightcove Inc announced that for the fourth quarter of 2013, it expects revenue to be $28.0 million to $28.5 million, and non-GAAP income from operations to be $350,000 to $650,000. Brightcove expects its net loss per diluted share attributable to common stockholders to be $0.09 to $0.10. Brightcove expects its non-GAAP net income per diluted share attributable to common stockholders to be $0.00 to $0.01, which excludes the estimated expenses referenced in the previous sentence. For fiscal 2013, the Company is raising its financial guidance for revenue and non-GAAP loss from operations. Revenue is expected to be $108.0 million to $108.5 million, and non-GAAP loss from operations is expected to be $350,000 to $650,000. Brightcove expects its net loss per diluted share attributable to common stockholders to be $0.40 to $0.41. Brightcove expects its non-GAAP net loss per diluted share attributable to common stockholders to be $0.05 to $0.06. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $28.5 million and EPS of $(0.01) for the fourth quarter of 2013; revenues of $107.3 million and EPS of $(0.15) for fiscal 2013. 

Company Quote

5.14
-0.14 -2.65%
22 Oct 2014