- Bazaarvoice (NASDAQ:BV-OLD) has guided on its FQ2 call for FQ3 revenue of $51M-$53M and EPS of -$0.02 to -$0.04, below a consensus of $53.5M and $0.01. FY16 (ends April '16) EPS guidance of -$0.11 to -$0.15 is below a -$0.11 consensus at the midpoint.
- The online reviews/customer engagement software provider has named Liz Ritzcovan, formerly the chief revenue officer at online ad firm Sizmek, its chief revenue officer, effective Dec. 7. She'll be "responsible for overall leadership of Bazaarvoice's global field sales organization, including direct sales, market development, sales operations, pre-sales solution consulting and business development."
- Though FQ2 results beat estimates (moreso on EPS than revenue), Bazaarvoice notes it saw "a disappointing performance in our advertising business." Active clients rose by 23 Q/Q to 1,360, and network clients (non-recurring revenue) by ~3K to over 4,500. Annualized SaaS revenue per average active client rose by $1K to $141K.
- Shares haven't yet moved after hours.
- FQ1 results, PR