Brightcove reports Q2 adjusted EPS 1c, consensus (2c)

Reports Q2 revenue $51.0M, consensus $50.65M. “I’m pleased that we delivered on the high-end of our second quarter revenue guidance and beat the high-end of our EBITDA guidance while delivering strong cash flow. This quarter was highlighted by ongoing strength in new business, continued growth in average new business deal sizes, and the progress made on several of our key initiatives, most notably our focus on super-serving strategically larger customers, like Yahoo and the NHL,” said Marc DeBevoise, Brightcove’s CEO.