STOCK TITAN

Brightcove - 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.

Brightcove Inc. (NASDAQ: BCOV) is a prominent provider of robust cloud solutions for delivering and monetizing video content across all connected devices. Based in Boston, Massachusetts, Brightcove's cutting-edge technology simplifies the complexities associated with publishing, distributing, measuring, and monetizing multi-screen video.

The company caters to a diverse clientele, including media companies, broadcasters, digital publishers, sports and entertainment firms, fashion and hospitality brands, faith-based institutions, retail and e-commerce businesses, as well as technology organizations, government agencies, educational institutions, and non-profits. Brightcove boasts an impressive roster of over 5,500 customers spanning more than 70 countries.

Brightcove's flagship product, Brightcove Video Cloud, empowers clients to publish and distribute video content to internet-connected devices efficiently. This service operates on a subscription-based software-as-a-service (SaaS) model, contributing significantly to the company's revenue. Another notable product is Zencoder, a cloud-based video encoding service that further enhances Brightcove's offerings.

In addition to its core products, Brightcove continually explores new projects and partnerships to maintain its market position and ensure the profitability and success of its clients. The company's recent achievements and ongoing initiatives reflect its commitment to innovation and customer satisfaction.

Brightcove's financial health demonstrates a stable and growing enterprise with a substantial portion of its revenue generated in North America and Asia. The company remains dedicated to expanding its global footprint and enhancing its suite of video solutions.

For those interested in career opportunities with Brightcove, more information can be found on their careers page. To stay updated with the latest news and developments, visit their official website.

Rhea-AI Summary
Brightcove partners with MotoAmerica to power the exclusive live broadcast of Daytona 200 on MotoAmerica Live+ using its streaming technology. The collaboration aims to enhance fan experience through live and on-demand streaming, offering additional features like live timing, betting options, news updates, and access to the all-motorsports channel MTRSPT1.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.63%
Tags
none
-
Rhea-AI Summary
Brightcove announces a strategic partnership with Google Ad Manager to enhance its Ad Monetization service, aiming to help customers drive monetization for their video content by providing a more streamlined ad revenue operation and a seamless ad tech experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
Tags
partnership
-
Rhea-AI Summary
Brightcove Inc. announces positive financial results for Q4 2023 and FY 2023, with revenue growth, increased adjusted EBITDA, and positive free cash flow. The company highlights strategic progress, customer growth, and executive team changes. Despite a slight revenue decline for FY 2023, Brightcove remains focused on execution and growth opportunities for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.45%
Tags
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%
Tags
-
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%
Tags
none
-
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
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
-
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
-
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%
Tags
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%
Tags

FAQ

What is the current stock price of Brightcove (BCOV)?

The current stock price of Brightcove (BCOV) is $4.45 as of February 7, 2025.

What is the market cap of Brightcove (BCOV)?

The market cap of Brightcove (BCOV) is approximately 201.0M.

What does Brightcove Inc. do?

Brightcove Inc. provides cloud-based solutions for delivering and monetizing video content across internet-connected devices.

Who are Brightcove’s customers?

Brightcove's customers include media companies, broadcasters, digital publishers, sports and entertainment firms, fashion brands, and more.

What is Brightcove Video Cloud?

Brightcove Video Cloud is the company's flagship product that enables efficient publishing and distribution of video content on internet-connected devices.

How does Brightcove generate revenue?

Brightcove generates revenue through a subscription-based software-as-a-service model, primarily from its Video Cloud product and other services like Zencoder.

What are Brightcove’s recent achievements?

Brightcove continues to innovate with new projects and partnerships, enhancing its products and expanding its global customer base.

In which regions does Brightcove generate most of its revenue?

Brightcove generates a significant portion of its revenue in North America and Asia.

What is Zencoder?

Zencoder is a cloud-based video encoding service offered by Brightcove to simplify the video encoding process.

How many customers does Brightcove serve?

Brightcove serves over 5,500 customers in more than 70 countries.

Where can I find career opportunities at Brightcove?

Career opportunities at Brightcove can be found on their careers page at https://www.brightcove.com/en/company/careers.

How can I stay updated with the latest news from Brightcove?

To stay updated with the latest news and developments from Brightcove, visit their official website at https://www.brightcove.com.
Brightcove

Nasdaq:BCOV

BCOV Rankings

BCOV Stock Data

201.05M
43.60M
3.5%
80.89%
0.45%
Software - Application
Services-computer Processing & Data Preparation
Link
United States
BOSTON