Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $5.47 USD
Change Today -0.50 / -8.38%
Volume 637.0K
BCOV On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

brightcove (BCOV) Snapshot

Open
$5.60
Previous Close
$5.97
Day High
$5.60
Day Low
$4.81
52 Week High
02/13/15 - $8.46
52 Week Low
07/31/15 - $4.81
Market Cap
178.2M
Average Volume 10 Days
176.7K
EPS TTM
$-0.42
Shares Outstanding
32.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BRIGHTCOVE (BCOV)

brightcove (BCOV) Details

Brightcove Inc. provides cloud-based services for video. The company primarily offers Brightcove Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. Its Brightcove Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video player technology, multi-platform video, live video streaming, distribution and syndication, social media, advertising and monetization, and analytics. The company also provides Zencoder, a cloud-based video encoding service with various features and functionalities, including file support, quality and control, platform and security, and account and integration; Brightcove Once, a cloud-based ad insertion and video stitching service, which addresses the limitations of traditional online video ad insertion technology; Brightcove Gallery, a cloud-based service that enables customers to create and publish video portals; Brightcove Perform, a cloud-based service for creating and managing video player experiences; and Brightcove Video Marketing Suite, a suite of video technologies designed to address the needs of marketers to drive awareness, engagement, and conversion. In addition, it offers professional services, support, and online and onsite training services. The company offers its products on a subscription-based software as a service model. Brightcove Inc. provides its solutions to media companies, broadcasters, publishers, brands, and corporations, as well as governments, educational institutions, and non-profit organizations in North America, Europe, Japan, the Asia Pacific, and other regions. The company was formerly known as Video Marketplace, Inc. and changed its name to Brightcove Inc. in March 2005. Brightcove Inc. was founded in 2004 and is headquartered in Boston, Massachusetts.

410 Employees
Last Reported Date: 03/5/15
Founded in 2004

brightcove (BCOV) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $325.0K
Founder and Chairman
Total Annual Compensation: $234.9K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $25.0K
President of International Operations
Total Annual Compensation: $291.3K
Vice President and Corporate Controller
Total Annual Compensation: $212.0K
Compensation as of Fiscal Year 2014.

brightcove (BCOV) Key Developments

Brightcove Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and for the Full Year 2015

Brightcove Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of $32,848,000 against $31,003,000 a year ago. Loss from operations was $3,151,000 against $3,977,000 a year ago. Loss before income taxes and non-controlling interest in consolidated subsidiary was $3,580,000 against $4,271,000 a year ago. Net loss was $3,646,000 or $0.11 per basic and diluted share against $4,327,000 or $0.13 per basic and diluted share a year ago. Non-GAAP loss from operations was $964,000 against $1,095,000 a year ago. Non-GAAP net loss attributable to common stockholders was $1,459,000 or $0.04 per basic and diluted share against $1,445,000 or $0.04 per basic and diluted share a year ago. Adjusted EBITDA was $620,000 against $173,000 a year ago. The revenue and the performance in the quarter is due to the timing of renewals for certain customers. These customers' renewals slipped out of the second quarter and were renewed or extended in the first week of the third quarter. For the six months, the company reported total revenue of $65,733,000 against $62,108,000 a year ago. Loss from operations was $5,692,000 against $8,635,000 a year ago. Loss before income taxes and non-controlling interest in consolidated subsidiary was $6,345,000 against $9,041,000 a year ago. Net loss was $6,477,000 or $0.20 per basic and diluted share against $9,164,000 or $0.29 per basic and diluted share a year ago. Net cash provided by operating activities were $431,000 against net cash used in operating activities of $4,210,000 a year ago. Purchases of property and equipment were $2,441,000 against $1,487,000 a year ago. Capitalization of internal-use software costs was $336,000 against $875,000 a year ago. Non-GAAP loss from operations was $1,248,000 against $1,417,000 a year ago. Non-GAAP net loss attributable to common stockholders was $2,033,000 or $0.06 per basic and diluted share against $1,946,000 or $0.06 per basic and diluted share a year ago. Adjusted EBITDA was $1,975,000 against $958,000 a year ago. For the third quarter, revenue is expected to be in the range of $32.9 million to $33.4 million. Non-GAAP loss from operations is expected to be in the range of $0 to $500,000, which excludes stock-based compensation, the amortization of acquired intangible assets and merger-related expenses totaling approximately $2.4 million. Adjusted EBITDA is expected to be in the range of $1.1 million to $1.6 million, which excludes stock-based compensation, the amortization of acquired intangible assets, merger-related expenses, depreciation expense, other income/expense and taxes totaling approximately $4.0 million. Non-GAAP net loss per diluted share is expected to be $0.01 to $0.03, assuming approximately 32.6 million shares outstanding. For the full year 2015, revenue is expected to be in the range of $132.5 million to $133.5 million. Full year revenue is being impacted by $4.2 million due to foreign exchange rate fluctuations. The company anticipates professional services will be approximately $1 million per quarter for the remainder of the year. Non-GAAP loss from operations is expected to be in the range of $500,000 to $1.5 million, which excludes stock-based compensation, the amortization of acquired intangible assets and merger-related expenses totaling approximately $9.2 million to $9.6 million. Adjusted EBITDA is expected to be in the range of $5.0 to $6.0 million, which excludes stock-based compensation, the amortization of acquired intangible assets, merger-related expenses, depreciation, other income/expense and taxes totaling approximately $16.5 million to $16.9 million. Non-GAAP net loss per diluted share is expected to be $0.06 to $0.09, assuming approximately 32.6 million shares outstanding. The company estimating free cash flow of $0 to $2 million for the full year.

Brightcove Inc. to Report Q2, 2015 Results on Jul 30, 2015

Brightcove Inc. announced that they will report Q2, 2015 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2015

Brightcove Inc., Q2 2015 Earnings Call, Jul 30, 2015

Brightcove Inc., Q2 2015 Earnings Call, Jul 30, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BCOV:US $5.47 USD -0.50

BCOV Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Espial Group Inc C$3.24 CAD +0.04
Limelight Networks Inc $3.77 USD +0.18
NeuLion Inc $1.14 USD -0.0011
Qumu Corp $5.40 USD -0.15
Seachange International Inc $6.89 USD +0.04
View Industry Companies
 

Industry Analysis

BCOV

Industry Average

Valuation BCOV Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.4x
Price/Book 2.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BRIGHTCOVE, please visit www.brightcove.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.