Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why Bazaarvoice Shares Dropped

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Bazaarvoice (NASDAQ: BV  ) have dropped today by as much as 11% after the company reported earnings.

So what: Revenue in the second quarter rose 54% to $38.6 million, just slightly ahead of the consensus estimate of $38.5 million. The company posted a non-GAAP net loss of $0.07 per share, which was also better than the $0.10 per share in red ink that the Street was expecting.

Now what: The figures were right in line with what the company preannounced earlier this month when it acquired Longboard Media and named Stephen Collins its new CEO. Deutsche Bank said that billings growth decelerated to 27%, which seems weak, but the firm remains bullish overall. It's maintaining its buy rating but reduced its price target to $28.

Interested in more info on Bazaarvoice? Add it to your watchlist by clicking here.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2129220, ~/Articles/ArticleHandler.aspx, 10/27/2016 6:38:24 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,169.68 -29.65 -0.16%
S&P 500 2,133.04 -6.39 -0.30%
NASD 5,215.97 -34.29 -0.65%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/27/2016 4:00 PM
BV $5.15 Down -0.10 -1.90%
Bazaarvoice CAPS Rating: **