Brightcove Announces Financial Results for First Quarter Fiscal Year 2024
Brightcove Inc. (BCOV)
Last brightcove inc. earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
investor.brightcove.com/investor-relations
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--Brightcove Inc. (Nasdaq: BCOV), the world’s most trusted streaming technology company, today announced financial results for the first quarter ended March 31, 2024.“We delivered strong first quarter results that were at or above the high-end of our guidance ranges, highlighted by our second straight quarter of revenue growth, our third consecutive quarter of double-digit adjusted EBITDA margins, and an increase in our cash balance of over $4 million. We also improved the long-term stability of our business with more longer-term deals, record backlog and record average revenue per customer. Our focus remains on returning the company to more consistent revenue growth while continuing to deliver meaningful EBITDA and cash flow,” said Marc DeBevoise, Brightcove’s Chief Executive Officer.First Quarter 2024 Financial Highlights:Revenue for the first quarter of 2024 was $50.5 million, an increase of 3% compared to $49.1 million for the first quarter of 2023. Subs
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- Brightcove Named a Leader in ‘The Aragon Research Globe for Enterprise Video, 2024’ Report for the Third Consecutive YearBusiness Wire
- Brightcove to Present at the Needham Technology, Media & Consumer ConferenceBusiness Wire
- Brightcove Announces Financial Results for First Quarter Fiscal Year 2024 [Yahoo! Finance]Yahoo! Finance
- Brightcove Integrates New AWS-Powered Generative AI Solution to Enhance Its Award-Winning Customer Service [Yahoo! Finance]Yahoo! Finance
BCOV
Earnings
- 5/8/24 - Beat
BCOV
Sec Filings
- 5/14/24 - Form 4
- 5/9/24 - Form 8-K
- 5/9/24 - Form 4
- BCOV's page on the SEC website