* Bigcommerce Holdings Inc reported quarterly adjusted earnings of 6 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 1 cents to 6 cents per share.
* Revenue rose 12% to $80.36 million from a year ago; analysts expected $77.20 million.
* Bigcommerce Holdings Inc's reported EPS for the quarter was a loss of 8 cents.
* The company reported a quarterly loss of $6.39 million.
* Bigcommerce Holdings Inc shares had fallen by 2.9% this quarter and lost 31.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 27.1% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the software peer group is also "hold"
Wall Street's median 12-month price target for Bigcommerce Holdings Inc is $9.50 This summary was machine generated from LSEG data May 9 at 01:52 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 0.04 0.06 Beat
Dec. 31 2023 0.05 0.09 Beat
Sep. 30 2023 -0.03 0.01 Beat
Jun. 30 2023 -0.09 -0.02 Beat
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