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Last $6.54 USD
Change Today -0.38 / -5.49%
Volume 545.8K
BCOV On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

brightcove (BCOV) Snapshot

Open
$7.57
Previous Close
$6.92
Day High
$7.57
Day Low
$6.36
52 Week High
07/1/14 - $10.93
52 Week Low
10/15/14 - $5.06
Market Cap
212.7M
Average Volume 10 Days
204.6K
EPS TTM
$-0.43
Shares Outstanding
32.5M
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: 05/1/15
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
Senior Vice President of Worldwide Field Oper...
Total Annual Compensation: $265.0K
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 First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of 2015

Brightcove Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company reported total revenue of $32,885,000, loss from operations of $2,541,000, loss before income taxes of $2,765,000, net loss of $2,831,000 or $0.09 per basic and diluted share compared to total revenue of $31,105,000, loss from operations of $4,658,000, loss before income taxes of $4,770,000, net loss of $4,837,000 or $0.16 per basic and diluted share a year ago. Net cash provided by operating activities was $46,000 against net cash used in operating activities of $4,934,000 a year ago. Purchases of property and equipment were $581,000 compared to $206,000 a year ago. Non-GAAP loss from operations was $284,000 compared to $322,000 a year ago. Non-GAAP net loss was $574,000 or $0.02 per diluted share compared to $501,000 or $0.02 per diluted share a year ago. Adjusted EBITDA was $1,355,000 compared to $785,000 a year ago. The company outperformance was primarily driven by customers expanding their relationships during the first quarter as well as securing larger-than-normal overages due to higher stream volumes. The earnings outperformance in the quarter was largely a result of better-than-expected overages revenue combined with strong expense management. The company invested $738,000 in capital expenditures and capitalized internal-use software during the quarter. Negative free cash flow was $692,000 compared to $5.7 million a year ago. For the second quarter of 2015, the company's revenue is expected to be in the range of $33.0 million to $33.5 million. Non-GAAP loss from operations is expected to be in the range of $600,000 to $1.1 million, which excludes stock-based compensation, the amortization of acquired intangible assets and merger-related expenses totaling approximately $2.1 million Adjusted EBITDA in the second quarter is expected to be in the range of $500,000 to $1.0 million, which excludes stock-based compensation, the amortization of acquired intangible assets, merger-related expenses, depreciation, other income/expense and taxes totaling approximately $4.0 million. Non-GAAP net loss per diluted share is expected to be $0.03 to $0.05, assuming approximately 32.6 million shares outstanding. For the full year 2015, the company's revenue is expected to be in the range of $132.5 million to $134.5 million. Non-GAAP loss from operations is expected to be in the range of $500,000 to $2.5 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 for the full year is expected to be in the range of $4.0 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 $16.2 million to $16.6 million. Non-GAAP net loss per diluted share is expected to be $0.05 to $0.12, assuming approximately 32.6 million shares outstanding. Excluding Rovio, revenue growth is expected to be in the 8% to 10% range. The company is targeting free cash flow of 0 to $2 million for the full year, which is consistent with prior guidance.

Brightcove Inc. to Report Q1, 2015 Results on Apr 30, 2015

Brightcove Inc. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on Apr 30, 2015

Brightcove Inc., Q1 2015 Earnings Call, Apr 30, 2015

Brightcove Inc., Q1 2015 Earnings Call, Apr 30, 2015

 

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Industry Analysis

BCOV

Industry Average

Valuation BCOV Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.7x
Price/Book 2.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.5x
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