BigCommerce Holdings Q4 Adj EPS $0.09 Beats $0.05 Estimate, Sales $84.15M Beat $81.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
BigCommerce Holdings (NASDAQ:BIGC) reported Q4 adjusted EPS of $0.09, surpassing the $0.05 estimate, and sales of $84.15M, exceeding the $81.44M estimate. This represents a 190% increase in EPS and a 16.18% increase in sales year-over-year.
February 22, 2024 | 12:02 pm
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POSITIVE IMPACT
BigCommerce Holdings reported a significant beat on both EPS and sales estimates for Q4, with a 190% increase in EPS and a 16.18% increase in sales compared to the same period last year.
The substantial beat on both earnings per share (EPS) and sales estimates for BigCommerce Holdings, coupled with a significant year-over-year growth, is likely to be viewed positively by investors. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100