Bazaarvoice Inc (BV) reported quarterly earnings results on Thursday, Jun-2-2016. The company said it had a profit of $-0.01 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $-0.04. The company posted revenue of $50.71 million in the period, compared to analysts expectations of $48.87 million. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.06 EPS.
Bazaarvoice Inc opened for trading at $3.74 and hit $3.81 on the upside on Wednesday, eventually ending the session at $3.81, with a gain of 2.42% or 0.09 points. The heightened volatility saw the trading volume jump to 6,05,877 shares. Company has a market cap of $310 M.
In a different news, on Apr 12, 2016, Elizabeth Ritzcovan (Chief Revenue Officer) purchased 250 shares at $3.13 per share price. According to the SEC, on Apr 11, 2016, Marc Cannon (Executive VP, Client Services) purchased 10,000 shares at $3.11 per share price. On Jan 27, 2016, Ryan Dee Robinson (Chief People Officer) sold 655 shares at $3.55 per share price, according to the Form-4 filing with the securities and exchange commission.
Bazaarvoice Inc. is a network that connects brands and retailers to the authentic voices of people where they shop. The Company’s technology platform collects and displays ratings and reviews questions and answers and stories from customers along with visual commerce capabilities that collectively amplify the voices of the consumers into the shopping. The Company’s platforms and solutions include Bazaarvoice Conversations Platform which provides capabilities to capture manage and display online consumer-generated content; Bazaarvoice Connections Solutions which offers network syndication and brand engagement solutions; Bazaarvoice Local which helps clients gather and promote reviews of local service affiliates; Bazaarvoice Curations which pulls in content from across a range of social platforms including Instagram Facebook and Twitter and Bazaarvoice Media which sells advertising on behalf of retailers thereby helping brands and agencies market to shopper audiences.