Bigcommerce Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Bigcommerce Holdings Inc BIGC.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of twelve analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 4 cents to 10 cents per share.

• Revenue rose 3.4% to $87.03 million from a year ago; analysts expected $86.89 million.

• Bigcommerce Holdings Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $2.39 million.

• Bigcommerce Holdings Inc shares had risen by 9.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Bigcommerce Holdings Inc is $7.50

This summary was machine generated from LSEG data February 20 at 03:20 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)