Brightcove (BCOV) Scheduled to Post Earnings on Thursday
Brightcove (NASDAQ:BCOV) is scheduled to be releasing its earnings data after the market closes on Thursday, February 22nd. Analysts expect Brightcove to post earnings of ($0.03) per share for the quarter.
Shares of Brightcove (NASDAQ:BCOV) opened at $6.85 on Thursday. The firm has a market capitalization of $233.77, a PE ratio of -10.38 and a beta of 1.86. Brightcove has a twelve month low of $5.40 and a twelve month high of $9.30.
An institutional investor recently raised its position in Brightcove stock. The Manufacturers Life Insurance Company lifted its position in Brightcove Inc (NASDAQ:BCOV) by 22.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,591 shares of the software maker’s stock after purchasing an additional 5,494 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.09% of Brightcove worth $183,000 as of its most recent SEC filing. Institutional investors and hedge funds own 62.75% of the company’s stock.
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Brightcove Company Profile
Brightcove Inc is a global provider of cloud-based services for video. The Company’s products and services include Brightcove Video Cloud (Video Cloud), Brightcove Zencoder (Zencoder), Brightcove Once (Once), Brightcove Perform (Perform), Brightcove Video Marketing Suite (Video Marketing Suite), Brightcove Lift (Lift), Brightcove OTT Flow (OTT Flow) and Brightcove Enterprise Video Suite (Enterprise Video Suite), among others.
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