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Last $5.33 USD
Change Today +0.01 / 0.19%
Volume 72.3K
As of 4:30 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

brightcove (BCOV) Snapshot

Open
$5.27
Previous Close
$5.32
Day High
$5.38
Day Low
$5.19
52 Week High
02/13/15 - $8.46
52 Week Low
08/24/15 - $4.80
Market Cap
173.7M
Average Volume 10 Days
153.1K
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.

420 Employees
Last Reported Date: 07/30/15
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. Announces General Availability of Brightcove Audience

Brightcove Inc. announced general availability of Brightcove Audience, a new feature in the Brightcove Video Marketing Suite (VMS) that connects video analytics directly into Oracle Eloqua and Marketo marketing automation platforms, captures leads, and translates video engagement data into contact tracking, lead scoring, and customer segmentation. This feature allows marketers to achieve better results by turning their video content into highly-effective lead capture assets. The Brightcove integration is certified by Oracle and is available in Oracle Cloud Marketplace. Marketo customers can access the Brightcove integration in Marketo LaunchPoint. Benefits for marketers include: Lead capture in the video player - Brightcove Audience gives marketers the ability to configure and add lead forms into the video player to capture lead information before, during or after the viewing session. This feature turns the most engaging piece of marketing content into a highly-effective lead generation asset. Track engagement from any video player location - Audience includes the critical ability to capture leads and track video engagement data from any location where a Brightcove player is embedded, whether on a company website, marketing landing pages, or third-party sites. Insight on audience engagement with data and analytics - Audience associates video engagement data, such as name of video, percent watched, and who watched it, with a specific contact record and sends it to Oracle Eloqua or Marketo to inform lead scoring, segmentation, nurturing, and sales and marketing follow-up. Unlike simply tracking the download of a PDF or whitepaper, tracking video engagement reveals how much of the content a contact consumed. Integration with Gallery for page level insight - When used with Gallery, Brightcove’s video portal publishing tool, Audience enables marketers to track page level analytics to understand how individual contacts interact with all video content throughout the customer journey. This information also connects with marketing automation platforms to provide a broad view of the customer interaction and complements data from specific videos.

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

 

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TEV/Sales 1.2x
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