BigCommerce Holdings Q2 2024 Adj. EPS $0.05 Beats $0.03 Estimate, Sales $81.829M Beat $81.084M Estimate
Portfolio Pulse from Benzinga Newsdesk
BigCommerce Holdings reported Q2 2024 adjusted EPS of $0.05, beating the estimate of $0.03. Sales were $81.829 million, surpassing the $81.084 million estimate.
August 01, 2024 | 11:06 am
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BigCommerce Holdings reported better-than-expected Q2 2024 results with an adjusted EPS of $0.05, beating the $0.03 estimate, and sales of $81.829 million, surpassing the $81.084 million estimate.
The better-than-expected earnings and sales figures are likely to positively impact BigCommerce Holdings' stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100