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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 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.
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Rhea-AI Sentiment
End-of-Day
-0.8%
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none
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Rhea-AI Sentiment
End-of-Day
-1.18%
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conferences
Rhea-AI Summary
Brightcove Inc. announces Q2 2023 financial results. Revenue decreases by 6% to $51.0 million. Gross profit decreases to $32.5 million with a gross margin of 64%. Loss from operations is $6.3 million. Net loss is $6.2 million. Adjusted EBITDA is $3.6 million. Cash flow provided by operations is $10.8 million. Free cash flow is $7.1 million. Cash and cash equivalents are $19.1 million. Net revenue retention is 95%. 12-month backlog is $124.8 million. Average annual subscription revenue per premium customer decreases to $94,800. Ended Q2 2023 with 2,691 customers. Third quarter revenue expected to be $50.0 million to $51.0 million. Full year revenue expected to be $201.0 million to $203.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
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Rhea-AI Summary
Brightcove (NASDAQ: BCOV) has announced an agreement with the National Hockey League (NHL®) to provide its award-winning technology and platform for the delivery of digital video content on the websites of the League and the 32 Clubs, as well as the NHL app. The partnership aims to enhance streaming capabilities and provide a seamless user experience to NHL fans worldwide. Brightcove's streaming solutions will transform how the NHL delivers its video content, offering high-quality video, fast load times, and fewer disruptions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.75%
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Rhea-AI Summary
Brightcove (NASDAQ: BCOV) announces a partnership with Yahoo to provide its award-winning streaming technology platform for Yahoo's digital properties. This partnership aims to strengthen Yahoo's video operations, accelerate growth, and deliver cost efficiencies. Brightcove's technology will power Yahoo's video streaming from end to end, ensuring reliable, streamlined, and cost-efficient operations for the media giant.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.96%
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none
Rhea-AI Summary
Brightcove (Nasdaq: BCOV) Announces Integration with PubMatic (Nasdaq: PUBM) to Enhance Video Ad Monetization
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End-of-Day
1.02%
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partnership
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Rhea-AI Summary
Brightcove Inc. will report its Q2 fiscal year 2023 results on August 2, 2023. The earnings will be streamed live on the company's website, and an on-demand recording will be available afterwards.
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1.02%
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Rhea-AI Summary
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End-of-Day
-2.88%
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conferences
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.63%
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conferences
Brightcove Inc.

Nasdaq:BCOV

BCOV Rankings

BCOV Stock Data

94.96M
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