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Brightcove +11.7% after Q3 beats with strong guidance

Oct. 27, 2017 12:59 PM ETBrightcove Inc. (BCOV) StockBy: Brandy Betz, SA News Editor
  • 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)

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