Announcing results for the three months ended December 31, Brightcove reported revenues of US$31.4 million, up 5% year-on-year, while gross profit was $20.2 million, compared to $19.8 million for the same quarter in 2013.
“From a revenue growth and profitability perspective, we anticipate accelerating revenue growth throughout the year, while generating positive non-GAAP operating income during the fourth quarter,” said Brightcove CEO David Mendels.
However, the firm’s net loss for the quarter was US$3.9 million, compared to a smaller loss of US$1.2 million for Q4 2013.
Lieberman joins the company as CMO having previously worked as marketing chief for VFA, a provider of cloud-based facilities capital planning software and services, and before that as executive director of unified communications at AT&T.
“I am delighted to join the Brightcove team at this exciting time in the company’s history. The exponential growth of video across multiple devices shows its potential to be the most influential media in the world for evoking and conveying emotions and ideas,” said Lieberman.
Starz channels launch on YouTube TV in the US https://t.co/tau2uU4wvz
20 June 2018 @ 16:33:55 UTC
Sony Pictures Television Networks (SPTN) is expanding into OTT in Western Europe https://t.co/1efirQxoZT
20 June 2018 @ 16:32:59 UTC
The UK government has accepted deal terms between 21st Century Fox and Sky https://t.co/jPJ5NRzb2K
20 June 2018 @ 16:32:39 UTC
Viacom secures mobile distribution deal for Paramount+ with Telenor. https://t.co/jiKCXOBSuq
19 June 2018 @ 13:31:53 UTC