BigCommerce (BIGC) Tops Q2 EPS by 7c

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BigCommerce Announces Second Quarter 2023 Financial Results

August 3, 2023 4:05 PM EDT

AUSTIN, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (BigCommerce) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced financial results for its second quarter ended June 30, 2023.

We hit two big milestones in the second quarter. We reached profitability on an adjusted EBITDA basis in June, and we delivered full-quarter positive free cash flow for the first time, said Brent Bellm, CEO at BigCommerce. We will continue the hard work required to achieve our long-term growth and profitability goals. With our recent... More