BigCommerce Holdings: Q1 Earnings Insights

BigCommerce Holdings (NASDAQ:BIGC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what…

BigCommerce Holdings (NASDAQ:BIGC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

BigCommerce Holdings beat estimated earnings by 46.15%, reporting an EPS of $-0.07 versus an estimate of $-0.13.

Revenue was up $5.71 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 19.24% drop in the share price the next day.

Here’s a look at BigCommerce Holdings’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.19 -0.21 -0.24 -0.17
EPS Actual -0.10 -0.15 -0.19 -0.18
Revenue Estimate 73.31M 69.61M 66.16M 63.90M
Revenue Actual 72.43M 72.39M 68.20M 66.05M

To track all earnings releases for BigCommerce Holdings visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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