Brightcove Reports 10% GROWTH and 3 Morning Hot Stocks to See Now
Starbucks (NASDAQ:SBUX) announces on its earnings call that it has grabbed a fifth of the single-cup coffee market, having shipped over 350 million K-Cups since November, though profitability at the K-Cup division may be under pressure due to higher commodity costs.
Takeaways from Facebook‘s (NASDAQ:FB) earnings call include an encouraging 18 percent growth in global ad impressions, while U.S. ad clicks are down 2 percent due to a mobile shift; on the other hand U.S. ad rates improved a hefty 20 percent and global rates rose 9 percent. Some clarity on its Sponsored Stories initiative – it’s clocking $1 million daily with 50 percent from the mobile users. The ad bidding system shows good early results. An area of concern: growth in operational expenses may continue to outstrip revenues growth. The company did not provide guidance.
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Online video platform Brightcove (NASDAQ:BCOV) says its customer base grew 10 percent q-on-q and 43 percent y-on-y to 4,697. It guides 2012 revenues in the range $85.3 million-$86 million and EPS of -$0.44 to -$0.47 both better than the analysts expectations of $82 million and -$0.48. Announces its $30 million acquisition of Zencoder, an online video encoding service that has upwards of 1,000 customers and is based on HTML5 instead of Adobe’s (NASDAQ:ADBE) Flash, saying it would be a good match with Brightcove’s own video hosting service.
Specialist footware maker Deckers Outdoor (NASDAQ:DECK) announces a beat on its Q2 results, incurring a lower loss during the quarter as revenues climbed 13 percent; sales at retail shops jumped 25 percent while online sales rose 40 percent. However sales of main brand UGG boots fell 0.3 percent y-on-y to $108 million and Teva sandals were down 15.4 percent to $34 million.
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