Brightcove (BCOV) Tops Q1 EPS by 1c

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Brightcove Announces Financial Results for First Quarter 2016

April 28, 2016 4:09 PM EDT

Company reports first quarter revenue of $36.3 million and adjusted EBITDA of $2.0 million

BOSTON--(BUSINESS WIRE)-- Brightcove Inc. (NASDAQ: BCOV), a leading global provider of cloud services for video, today announced financial results for the quarter ended March 31, 2016.

Brightcove delivered strong first quarter results that met or exceeded our expectations across the top and bottom lines, said David Mendels, Chief Executive Officer of Brightcove. The product and go-to-market transformation weve made in recent years is paying off, with accelerating product innovation and leadership, customer wins and improved revenue retention.

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