Brightcove: Q1 Earnings Insights - Brightcove (NASDAQ:BCOV)

Brightcove BCOV reported its Q1 earnings results on Wednesday, April 27, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Brightcove beat estimated earnings by 233.33%, reporting an EPS of $0.1 versus an estimate of $0.03.

Revenue was down $1.44 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 13.94% drop in the share price the next day.

Here's a look at Brightcove's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.03	0.02	0.03	0.10
EPS Actual	0.10	0.05	0.11	0.15
Revenue Estimate	51.55M	50.94M	50.14M	53.46M
Revenue Actual	52.64M	52.16M	51.47M	54.82M

To track all earnings releases for Brightcove visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.