- Bazaarvoice (NASDAQ:BV-OLD) is up 6.4% after hours to $3.35 after beating FQ3 estimates (moreso on EPS than revenue). With shares only $0.33 above a 52-week low of $2.82 going into earnings, the company is getting a pass for its soft FQ4 guidance - revenue of $47.9M-$49.9M and EPS of -$0.03 to -$0.05 vs. a consensus of $50.4M and -$0.02.
- Active clients rose by 23 Q/Q in FQ3 to 1,383, and network clients by 400 to over 4,900. Annualized SaaS revenue per average active client fell by $1K to $140K.
- Lifting EPS: GAAP operating expenses fell by $600K Y/Y to $33.9M. Bazaarvoice ended FQ2 with $108M in cash and $57M in debt.
- Bazaarvoice's FQ2 results, earnings release