Bazaarvoice Still Has A Business... But Not Enough To Justify Buying
Wed, Nov. 30, 4:04 PM
Tue, Nov. 29, 5:35 PM
Wed, Sep. 14, 3:00 PM
Thu, Sep. 8, 3:00 PM
Wed, Sep. 7, 4:02 PM
Tue, Sep. 6, 5:35 PM
Mon, Jun. 20, 3:00 PM
Thu, Jun. 2, 5:35 PM
Thu, Jun. 2, 4:38 PM
- Bazaarvoice (NASDAQ:BV) is up 9.3% after hours, hitting its highest price since the year's first trading session, in the wake of fiscal Q4 earnings where it posted a better loss than expected and beat revenue expectations as well.
- Operating cash flow was positive at $4.7M. EBITDA from continuing operations of $0.3M (third straight quarter in the black) was up from a year-ago loss of $3.6M, and beat an expected loss of $0.4M.
- Revenue breakout: SaaS revenue, $49.1M; net advertising revenue (formerly media), $1.6M.
- Active clients were 1,399; network clients were over 5,100. Annualized SaaS revenue per average active client was about $141K.
- For full fiscal 2016, revenues came to $199.8M (up 4.5%), beating an expected $198M.
Thu, Jun. 2, 4:03 PM
- Bazaarvoice (NASDAQ:BV): FQ4 EPS of -$0.01 beats by $0.03.
- Revenue of $50.7M (+4.9% Y/Y) beats by $1.84M.
- Shares +2.75%.
Wed, Jun. 1, 5:35 PM
Tue, Mar. 1, 5:45 PM
Tue, Mar. 1, 5:19 PM
- Bazaarvoice (NASDAQ:BV) 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
Tue, Mar. 1, 4:03 PM
- Bazaarvoice (NASDAQ:BV): FQ3 EPS of $0.02 beats by $0.04.
- Revenue of $50.26M (+1.4% Y/Y) beats by $0.23M.
Mon, Feb. 29, 5:35 PM
Mon, Feb. 8, 2:37 PM
- Many tech stocks are seeing 6%+ losses as investors flee to safety yet again. The Nasdaq is down 3.4%, and the S&P 2.7%.
- As was the case on Friday following Tableau and LinkedIn's disappointing guidance, a slew of enterprise tech stocks are seeing big losses, with cloud software and security tech names well-represented on the casualty list.
- Also: Solar stocks are having another brutal day (TAN -6.7%) as energy stocks get routed amid fears Chesapeake Energy is close to bankruptcy. WTI crude oil is once more near $30/barrel.
- Enterprise software decliners: Adobe (ADBE -9.6%), Paylocity (PCTY -19.1%), Salesforce (CRM -9.9%), Workday (WDAY -12%), Guidewire (GWRE -12.5%), ServiceNow (NOW -11.5%), Zendesk (ZEN -13.8%), Paycom (PAYC -13.4%), Marin Software (MRIN -10.3%), Castlight (CSLT -8.4%), Cornerstone OnDemand (CSOD -12.1%), Atlassian (TEAM -13.2%), inContact (SAAS -9.6%), and Bazaarvoice (BV -14.5%).
- Enterprise security decliners: Palo Alto Networks (PANW -12.2%), FireEye (FEYE -9.8%), CyberArk (CYBR -11.5%), Proofpoint (PFPT -12.7%), Qualys (QLYS -8.9%), Imperva (IMPV -9.7%), Rapid7 (RPD -9.4%), and Barracuda (CUDA -8.4%).
- Solar decliners: SunEdison (SUNE -11.3%), SunPower (SPWR -8.8%), JinkoSolar (JKS -7.6%), SolarEdge (SEDG -7.9%), Yingli (YGE -7.1%), TerraForm Power (TERP -10.7%), and TerraForm Global (GLBL -9.2%).
- Other major decliners: Micron (MU -9.1%), Western Digital (WDC -10.5%), Arista (ANET -10.9%), Universal Display (OLED -10.6%), Rackspace (RAX -11.3%), Fitbit (FIT -8.7%), Nimble Storage (NMBL -11.3%), Sierra Wireless (SWIR -9.9%), Rocket Fuel (FUEL -9.8%), Knowles (KN -9%), Mitel (MITL -8.9%), and Alarm.com (ALRM -8.9%).
- Previously covered: Yelp, Cognizant, Tableau, Globant, Ambarella, European tech stocks