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Brightcove, Inc. - $BCOV STOCK NEWS

Welcome to our dedicated page for Brightcove news (Ticker: $BCOV), a resource for investors and traders seeking the latest updates and insights on Brightcove stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brightcove's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brightcove's position in the market.

Rhea-AI Summary
Brightcove Inc. (BCOV) will report Q4 and fiscal year 2023 results on February 22, 2024. The earnings call will be streamed, featuring CEO Marc DeBevoise and CFO Rob Noreck discussing financial results and business outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.59%
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Rhea-AI Summary
Brightcove (NASDAQ: BCOV) has been chosen by Sistema Brasileiro de Televisão (SBT), one of Brazil's largest TV networks, to power its new AVOD app, +SBT, scheduled to launch in April. This partnership will allow SBT to stream content from its more than 100 broadcast stations throughout Brazil using Brightcove’s award-winning technology. The CEO of Brightcove, Marc DeBevoise, highlighted the significance of this partnership, emphasizing the increasing demand for high-quality streaming experiences. SBT's Chief Transformation Officer, Roberto Grosman, expressed confidence in Brightcove's robust streaming solutions, which will enable them to provide secure and high-quality video streams while gaining valuable first-party data analytics to enhance their content and streaming strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
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none
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Rhea-AI Summary
Brightcove Inc. (NASDAQ: BCOV) to present at Needham Growth Conference on January 16, 2024. CEO and CFO to present virtually at 8:45 a.m. Eastern Time. Webcast available on investor relations website.
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conferences
Rhea-AI Summary
Brightcove (NASDAQ: BCOV) appoints Kathy Klingler as CMO and Jim Norton as CRO, with David Beck elevated to COO. The company aims to leverage their expertise to drive growth and innovation in the streaming technology industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
Tags
management
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Rhea-AI Summary
Brightcove (NASDAQ: BCOV) has expanded its partnership with Socialive, a leading video content creation platform, to provide customers with additional remote video production capabilities, enhancing their live streaming solution and reinforcing internal communications strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
partnership
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Rhea-AI Summary
Brightcove Inc. (Nasdaq: BCOV) announced its financial results for Q3 2023, reporting a decrease in revenue by 5% to $51.0 million compared to Q3 2022. The company's gross profit was $31.7 million, representing a gross margin of 62%. Adjusted EBITDA was $5.5 million, an increase of 12% compared to Q3 2022. Cash flow provided by operations was $2.1 million, and free cash flow was negative $2.2 million. Brightcove had 2,618 customers, of which 2,077 were premium, and the 12-month backlog was $121.1 million, a 6% increase year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.1%
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Rhea-AI Summary
Brightcove Inc. to report Q3 fiscal year 2023 results on November 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
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Rhea-AI Summary
Brightcove welcomes Acquia as a customer, integrating its streaming technology for video-forward experiences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
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Rhea-AI Summary
Brightcove selected by In The Black Network to power its AVOD streaming service, expected to launch in October. ITBN will leverage Brightcove's technology to deliver content globally on demand with the best-in-class streaming technology platform. ITBN will also use Brightcove's Ad Monetization service to maximize ad revenue opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
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conferences
Brightcove, Inc.

Nasdaq:BCOV

BCOV Rankings

BCOV Stock Data

84.37M
27.24M
4.61%
79.53%
3.49%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
BOSTON

About BCOV

brightcove inc. (nasdaq: bcov) is a leading global provider of powerful cloud solutions for delivering and monetizing video across every connected device. the company offers a suite of products and services that reduce the complexity and increase the profitability of publishing, distributing, measuring and monetizing multi-screen video. brightcove has more than 5,500 customers in over 70 countries that rely on the company’s cloud solutions to successfully publish high-quality video experiences to audiences everywhere. to learn more, visit www.brightcove.com for career opportunities, visit https://www.brightcove.com/en/company/careers