Bazaarvoice Earnings: Here’s Why the Stock is Rising Now

Bazaarvoice Inc (NASDAQ:BV) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 2.77%.
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Bazaarvoice Inc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.12 in the quarter versus EPS of $-0.08 in the year-earlier quarter.

Revenue: Decreased 0% to $43.3 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: reported adjusted EPS loss of $0.12 per share. By that measure, the company beat the mean analyst estimate of $-0.13. It beat the average revenue estimate of $42.3 million.

Quoting Management: “I am pleased with how we concluded fiscal 2013, both financially and operationally,” said Stephen Collins, chief executive officer of Bazaarvoice. “We have now substantially completed the build out of our leadership team, and we look forward to embarking upon the next phase of growth as we continue to expand our network of brand and retail clients globally.”

Key Stats (on next page)…

Revenue increased 1.45% from $42.68 million in the previous quarter. EPS decreased to $-0.12 in the quarter versus EPS of $-0.06 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.08 and has not changed. For the current year, the average estimate is a loss of $0.33, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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