BigCommerce Holdings Narrows Q1 Loss as Revenue Advances; Guides Revenue Upbeat
05:04 PM EDT, 05/11/2021 (MT Newswires) -- BigCommerce Holdings (BIGC) on Tuesday reported a Q1 net loss of $0.04 per share, compared with a loss of $0.40 per share in the year-ago quarter.
Analysts polled by Capital IQ were expecting a loss of $0.12.
Revenue for the quarter ended Mar. 31 was $46.7 million, compared with $33.2 million in the year-ago period.
Analysts were expecting revenue of $42.18 million.
The company expects Q2 revenue of between $46.4 million and $46.9 million and full-year revenue of between $196.7 million and $198.2 million, compared with analysts estimates of a mean revenue of $45.67 million and $190.64 million, respectively.
Shares were up about 3% in the after-hours session.
Price: 47.50, Change: +1.03, Percent Change: +2.22