Brightcove reports Q2 EPS (2c) vs 1c last year

Reports Q2 revenue $49.2M vs $51M last year. “We are pleased to have exceeded expectations and the high-end of our guidance range on both Revenue and Adjusted EBITDA, while generating meaningful cash flow. We are delivering on our commitments to grow EBITDA substantially and generate significant free cash flow this year, all while investing in our key strategic priorities that we expect will return the business to consistent revenue growth,” said Marc DeBevoise, Brightcove’s Chief Executive Officer.