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Bigcommerce Q3 Earnings Call Highlights
Nov 5, 12:15 PM·
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Summary

Bigcommerce (NASDAQ: BIGC) raised its full-year profitability outlook after reporting $84.2 million in third-quarter revenue and realizing cost savings earlier than expected. The company maintained the midpoint of its revenue forecast. Shares were not given a direction in the article.

Bigcommerce Raises Full-Year Profitability Outlook After Q3 Revenue of $84.2 Million

Bigcommerce (NASDAQ: BIGC) raised its full-year profitability outlook, the company said on Commerce.com‘s third-quarter earnings call. The update followed reported third-quarter revenue of $84.2 million.

Cost Savings Realized Earlier Than Expected

The company said it realized cost savings earlier than expected. Those savings accompanied the raised profitability outlook for the full year.

Revenue Forecast Midpoint Maintained

Bigcommerce maintained the midpoint of its revenue forecast. The company did not change the midpoint of its full-year revenue guidance.

Key Figures

  • Q3 revenue: $84.2 million
  • Full-year profitability outlook: raised
  • Cost savings: realized earlier than expected
  • Full-year revenue forecast: midpoint maintained

Bigcommerce trades on NASDAQ under the ticker BIGC.