Last €4.59 EUR
Change Today +0.074 / 1.64%
Volume 870.0
2BV On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 12:58 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

brightcove (2BV) Snapshot

Open
€4.40
Previous Close
€4.52
Day High
€4.59
Day Low
€4.37
52 Week High
10/30/13 - €11.83
52 Week Low
07/30/14 - €4.37
Market Cap
147.4M
Average Volume 10 Days
146.4
EPS TTM
--
Shares Outstanding
32.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BRIGHTCOVE (2BV)

brightcove (2BV) Related Businessweek News

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brightcove (2BV) Details

Brightcove Inc. provides cloud-based services for video. The company offers Brightcove Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. Its Brightcove Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video players, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and integrated video analytics. The company also provides Zencoder, a cloud-based media processing service and HTML5 video player technology. It offers Video Cloud and Zencoder on subscription-based software as a service model in premium and volume editions. In addition, the company offers Brightcove Once, a cloud-based ad insertion and video stitching service, which addresses the limitations of traditional online video ad insertion technology. Brightcove Inc. provides its solutions to media, retail, technology, and financial services companies, as well as governments, educational institutions, and non-profit organizations in North America, Europe, Japan, and the Asia Pacific. Brightcove Inc. was founded in 2004 and is headquartered in Boston, Massachusetts.

347 Employees
Last Reported Date: 03/11/14
Founded in 2004

brightcove (2BV) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $325.0K
Founder and Chairman
Total Annual Compensation: $234.9K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $300.0K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $291.3K
Compensation as of Fiscal Year 2013.

brightcove (2BV) Key Developments

Brightcove Powers Yelp's New Video Feature

Brightcove Inc. announced that Yelp has launched a new video feature powered by Brightcove. Yelp users can upload short video clips up to 12 seconds long with the help of the Brightcove Video Cloud online video platform and the Brightcove Zencoder cloud-based encoding service. Video content can range from the scenery and setting around a business to the ambiance and services inside. Other users can easily view these videos through the Yelp mobile app. Yelp is relying on Brightcove Video Cloud to allow video upload to iPhones, with plans to add Android devices in the near future. Additionally, the iPhone app is taking advantage of the Brightcove Zencoder service to deliver the video to Video Cloud, where it is then encoded in various renditions to play back across devices.

Brightcove, Inc. Announces Executive Changes, Effective on August 28, 2014

The board of directors of Brightcove, Inc. has appointed Christopher Stagno as Interim Chief Financial Officer of the company, such appointment to be effective as of August 28, 2014. Mr. Stagno has served as the company's principal accounting officer since March 7, 2013 and as the company's Vice President and Corporate Controller since June 2011. Mr. Stagno will replace Christopher Menard, who has resigned from his position as Chief Financial Officer effective as of August 28, 2014. Mr. Stagno will be the company's principal financial officer and will continue to serve as the company's principal accounting officer. Prior to joining the company, Mr. Stagno was at Unica Corporation, where he served as the Assistant Corporate Controller from December 2008 through June 2011 and the Director of External Reporting and Technical Accounting from September 2007 to December 2008.

Brightcove, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for Third Quarter of 2014; Revised Earnings Guidance for the Full Year of 2014

Brightcove, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue of $31.003 million compared to $26.901 million for the same period a year ago. Loss from operations was $3.977 million compared to $3.302 million for the same period a year ago. Loss before income taxes and non-controlling interest in consolidated subsidiary was $4.271 million compared to $3.466 million for the same period a year ago. Net loss was $4.327 million or $0.13 per diluted share compared to $3.522 million or $0.12 per diluted share for the same period a year ago. Non-GAAP loss from operations was $1.095 million compared to $0.874 million for the same period a year ago. Non-GAAP net loss attributable to common stockholders was of $1.445 million or $0.04 per diluted share compared to $1.094 million or $0.04 per diluted share for the same period a year ago. From a cash flow perspective, the company generated $724,000 in cash from operations and invested $1.6 million in capital expenditures during the quarter, which equates to a negative free cash flow of $861,000 for the quarter. This compares to $2 million a cash flow in the year-ago period. For six months, the company reported total revenue of $62.108 million compared to $51.622 million for the same period a year ago. Loss from operations was $8.635 million compared to $7.174 million for the same period a year ago. Loss before income taxes and non-controlling interest in consolidated subsidiary was $9.041 million compared to $7.637 million for the same period a year ago. Net loss was $9.164 million or $0.29 per diluted share compared to $7.751 million or $0.28 per diluted share for the same period a year ago. Net cash used in operating activities was $4.210 million compared to $6,000 for the same period a year ago. Purchases of property and equipment were of $1.487 million compared to $0.928 million for the same period a year ago. Non-GAAP loss from operations was $1.417 million compared to $2.072 million for the same period a year ago. Non-GAAP net loss attributable to common stockholders was of $1.946 million or $0.06 per diluted share compared to $2.649 million or $0.09 per diluted share for the same period a year ago. The company provided earnings guidance for the third quarter and full year of 2014. For the third quarter, the Company expects revenue to be $30.0 million to $30.5 million, and non-GAAP loss from operations to be $2.2 million to $2.5 million. Assuming approximately 32.3 million shares outstanding, the company expects its non-GAAP net loss per basic and diluted share to be $0.08 to $0.09. For the full year 2014, the company lowered guidance for revenue to a range of $122 million to $123.5 million, which represents year-over-year growth of 11% to 12%. The company now forecasting a non-GAAP operating loss of $6.5 million to $7.5 million and a non-GAAP net loss per share of $0.24 to $0.28 for the full year, based on 32 million weighted average shares outstanding. This compares to previous guidance of a non-GAAP operating loss of $5 million to $7 million and a non-GAAP loss per share of $0.19 to $0.25, respectively. The company anticipates that it will become non-GAAP operating income positive in the fourth quarter of 2015. the company now forecasting negative free cash flow of $6 million to $7.5 million for the full year of 2015.

 

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