Brightcove reports Q3 adjusted EPS 2c, two estimates (4c)

Reports Q3 revenue $49.9M, two estimates $48.55M. “We delivered strong third quarter results, highlighted by revenue and profitability meaningfully above the high end of our guidance ranges, and a return to double digit adjusted EBITDA margins. We also continued to strengthen our long-term business with record average revenue per customer and long-term backlog. With our year-to-date performance and our outlook for the fourth quarter we are raising the high-end of our full year guidance range on both the top and bottom line,” said Marc DeBevoise, Brightcove’s (BCOV) Chief Executive Officer.