BigCommerce: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:27 AM ET
Last Updated - Aug 01, 2024, 10:27 AM EDT
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — BigCommerce Holdings, Inc. (BIGC) on Thursday reported a loss of $11.3 million in its second quarter.
The Austin, Texas-based company said it had a loss of 15 cents per share. Earnings, adjusted for stock option expense and restructuring costs, were 5 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The company posted revenue of $81.8 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $81.1 million.
