Brightcove (BCOV) Reports In-Line Q3 EPS, Issues Mixed Outlook

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Brightcove Announces Financial Results for Third Quarter 2016

November 2, 2016 4:08 PM EDT

Company reports third quarter revenue of $38.4 million, up 13% year-over-year

BOSTON--(BUSINESS WIRE)-- Brightcove Inc. (NASDAQ: BCOV), a leading global provider of cloud services for video, today announced financial results for the quarter ended September 30, 2016.

Brightcove delivered solid third quarter results that met or exceeded our expectations from both a revenue and profitability perspective, said David Mendels, Chief Executive Officer of Brightcove. We continue to make good progress against our go-to-market strategy in both our digital marketing and media segments, which is driving our improved business performance.

Mendels... More