NEW YORK, NY / ACCESSWIRE / November 26, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Brightcove Inc. (NASDAQ:BCOV) to Bending Spoons for $4.45 per share in cash is fair to Brightcove shareholders. Halper Sadeh encourages Brightcove shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
Brightcove Inc.'s Q3 2024 earnings show stagnant revenues and profits, with a 2% YoY revenue decline and breakeven operating profitability despite adjusted EBITDA improvements. The company is gaining new customers but not enough to offset churn, with a net retention rate of 93% including add-ons and 80% excluding them. Brightcove's valuation appears low at less than 0.5x sales, but profitability concerns and high OpEx make the stock unattractive without significant revenue growth.
Brightcove Inc. (NASDAQ:BCOV ) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Marc DeBevoise - Chief Executive Officer John Wagner - Chief Financial Officer Conference Call Participants Steven Frankel - Rosenblatt Securities Inc. Maxwell Michaelis - Lake Street Capital Markets Operator Good afternoon and welcome to Brightcove's Third Quarter 2024 Earnings Presentation. Today, we'll discuss the results announced in our press release issued after the market closed.
Brightcove Inc. (NASDAQ:BCOV ) Q2 2024 Results Conference Call August 7, 2024 5:00 PM ET Company Participants Marc DeBevoise - Chief Executive Officer John Wagner - Chief Financial Officer Conference Call Participants Max Michaelis - Lake Street Capital Markets Steve Frankel - Rosenblatt Securities Unidentified Company Representative Good afternoon and welcome to Brightcove's Second Quarter of 2024 Earnings Presentation. Today, we will discuss the results announced in our press release issued after the market closed.
With the addition of FrightPix, Brightcove (BCOV) continues to expand its impressive portfolio of media clients, which includes industry giants such as AMC Networks, BBC Studios and JCOM.
Japan's JCOM selects Brightcove (BCOV) to power its latest streaming service, Ikimono Watch, which is set to broadcast captivating content from zoos and aquariums across Japan.