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0 -0.00377358490566046 0 0.00754716981132076 0.00754716981132076 0.0452830188679244 0.0188679245283018 0.0339622641509433
Stock impact report

Brightcove Announces Financial Results for Third Quarter Fiscal Year 2024 [Yahoo! Finance]

Brightcove Inc. (BCOV) 
Last brightcove inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.brightcove.com/investor-relations
Company Research Source: Yahoo! Finance
"We delivered strong third quarter results, highlighted by revenue and profitability meaningfully above the high end of our guidance ranges, and a return to double digit adjusted EBITDA margins. We also continued to strengthen our long-term business with record average revenue per customer and long-term backlog. With our year-to-date performance and our outlook for the fourth quarter we are raising the high-end of our full year guidance range on both the top and bottom line," said Marc DeBevoise, Brightcove's Chief Executive Officer. DeBevoise added, "The recent, successful launch of the Brightcove AI Suite also demonstrates our ability and commitment to make the right, targeted investments in innovation to deliver enhanced value for our customers and position us to capture new revenue opportunities in the future." Third Quarter 2024 Financial Highlights: Revenue for the third quarter of 2024 was $49.9 million, a decrease of 2% compared to $51.0 million for the third quarter of Show less Read more
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