UPDATE: Bazaarvoice (BV) Tops Q2 EPS by 3c, Sales Rise 54%

November 26, 2012 4:10 PM EST
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(Updated - November 26, 2012 4:15 PM EST)

Bazaarvoice (NASDAQ: BV) reported Q2 EPS of ($0.07), 3 cents better than analyst estimate of ($0.10). Revenue for the quarter rose 54% to $38.6 million versus the consensus estimate of $38.53 million.

"We entered the year with a plan to position the business to take advantage of the enormous opportunities as a result of exciting trends in social, ecommerce and big data," said Stephen Collins, Chief Executive Officer. "Our plans centered on furthering our lead position in online retail globally, investing in R&D to enhance our platform to a true self-service model and expanding our capabilities into retail shopper media. We are extremely gratified that we have now achieved all of these critical strategic objectives with the expansion of our network through the acquisition of PowerReviews, the enhancement of our technology platform with the release of Conversations 2.0 and our entry into shopper media through our recent acquisition of Longboard Media. With these achievements, we are confident that Bazaarvoice is well positioned to build momentum going forward."

For earnings history and earnings-related data on Bazaarvoice (BV) click here.

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