- Brightcove (NASDAQ:BCOV) shares are up 11.7% after Q3 results that beat EPS and revenue estimates with strong Q4 and FY17 guidance.
- Q4 guidance: revenue, $39.3M to $39.8M (consensus: $38.88M); EPS, -$0.03 to -$0.02 (consensus: -$0.03).
- FY17 guidance: revenue, $155.1M to $155.6M (consensus: $153.19M); EPS, -$0.33 to -$0.31 (consensus: -$0.37).
- Northland Capital reportedly upgrades Brightcove from Market Perform to Outperform.
- Press release
- Previously: Brightcove beats by $0.04, beats on revenue (Oct. 26)