Brightcove Sees FY24 Adj. EPS $(0.08)-$(0.05) Vs $(0.08) Est.; Revenue $195.5M-$198.0M Vs $196.795M
Portfolio Pulse from Benzinga Newsdesk
Brightcove has released its financial guidance for FY24, projecting an adjusted EPS between $(0.08) and $(0.05), compared to the estimated $(0.08). The company also expects revenue to be in the range of $195.5 million to $198.0 million, against an estimate of $196.795 million.
August 07, 2024 | 9:58 pm
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POSITIVE IMPACT
Brightcove's FY24 financial guidance shows a slightly better-than-expected adjusted EPS range and a revenue range that aligns closely with estimates.
The adjusted EPS range is slightly better than the estimate, which could be seen positively by investors. The revenue range is also in line with expectations, providing a stable outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100