BOSTON (AP) — BOSTON (AP) — Brightcove Inc. (BCOV) on Wednesday reported a loss of $5.2 million in its second quarter.
The Boston-based company said it had a loss of 12 cents per share. Losses, adjusted for stock option expense and amortization costs, were 2 cents per share.
The internet video streaming service company posted revenue of $49.2 million in the period.
For the current quarter ending in September, Brightcove expects its results to range from a loss of 5 cents per share to a loss of 3 cents per share.
The company said it expects revenue in the range of $48 million to $49 million for the fiscal third quarter.
Brightcove expects full-year results to range from a loss of 8 cents per share to a loss of 5 cents per share, with revenue ranging from $195.5 million to $198 million.
In the final minutes of trading on Wednesday, the company's shares hit $2.13. A year ago, they were trading at $4.27.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCOV at https://www.zacks.com/ap/BCOV