BigCommerce Holdings Q2 Adj EPS $(0.02) Beats $(0.09) Estimate, Sales $75.44M Beat $73.34M Estimate
Portfolio Pulse from vinayak@benzinga.com
BigCommerce Holdings (NASDAQ:BIGC) reported Q2 losses of $(0.02) per share, beating the analyst consensus estimate of $(0.09) by 77.78%. This is a 89.47% increase over losses from the same period last year. The company also reported quarterly sales of $75.44 million, beating the analyst consensus estimate of $73.34 million by 2.87%. This is a 10.62% increase over sales from the same period last year.
August 04, 2023 | 2:23 pm
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POSITIVE IMPACT
BigCommerce Holdings reported better than expected Q2 results, with losses and sales beating analyst estimates. This could potentially lead to a positive short-term impact on the company's stock.
BigCommerce Holdings reported Q2 losses of $(0.02) per share, beating the analyst consensus estimate of $(0.09) by 77.78%. The company also reported quarterly sales of $75.44 million, beating the analyst consensus estimate of $73.34 million by 2.87%. This better than expected performance could potentially lead to a positive short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100