Q1'24

EARNINGS

May 8, 2024

©2024 Brightcove Inc. All Rights Reserved.

SAFE HARBOR STATEMENT

During today's presentation, we will make statements related to our business that may be considered forward-looking and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements concerning our financial guidance for the second fiscal quarter of 2024 and the full year 2024, expected revenue, profitability and free cash flow, our position to execute on our go-to-market and growth strategy, our ability to expand our leadership position, our ability to maintain and upsell existing customers, as well as our ability to acquire new customers.

Forward-looking statements may often be identified with words such as we expect, we anticipate upcoming, or similar indications of future expectations. These statements reflect our views only as of today and should not be reflected upon as representing our views of any subsequent date. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from expectations, including the effect of macroeconomic conditions currently affecting the global economy. For a discussion on material risks and other important factors that could affect our actual results, please refer to those contained in our most recently filed Annual Report on Form 10-K and as updated by our other SEC filings.

Also, during the course of today's presentation, we will refer to certain non-GAAP financial measures. A reconciliation schedule shows GAAP versus non-GAAP results currently available in our press release issued after the market closed today, which can be found on our website at www.brightcove.com.

©2024 Brightcove Inc. All Rights Reserved.

TODAY'S PRESENTERS

MARC DEBEVOISE

JOHN WAGNER

CEO & Board Director

Chief Financial Officer

©2024 Brightcove Inc. All Rights Reserved.

Q1 FINANCIAL RESULTS

$50.5M $5.0M

Total revenue

Adj. EBITDA

+3% YoY

10% margin

$22.9M

Ending cash and cash equivalents

+$4.3M QoQ

©2024 Brightcove Inc. All Rights Reserved.

BUSINESS RESULTS

©2024 Brightcove Inc. All Rights Reserved.

FIRST QUARTER HIGHLIGHTS

REVENUE GROWTH

TOTAL BACKLOG

ADJ EBITDA

NEW BUSINESS

+3%

$185.4M

10%

HIGHER

YoY

+2.3% YoY

FOR THIRD

TRAILING THREE

ADJ. EBITDA MARGIN

THAN AVERAGE OF

RECORD BACKLOG

CONSECUTIVE

QUARTERS

QUARTER

©2024 Brightcove Inc. All Rights Reserved.

KEY Q1 DEALS

©2024 Brightcove Inc. All Rights Reserved.

PRODUCT INNOVATION

©2024 Brightcove Inc. All Rights Reserved.

AI @ BRIGHTCOVE: STRATEGY

OPTIMIZATION

of our solutions to

optimize our customers' business

(revenue, audience, content)

of tools/solutions our teams leverage to optimize our business

EFFICIENCY

of our solutions to

deliver efficiency for our customers

(lower costs, higher quality, fewer errors)

of tools/solutions our teams leverage to save cost and time

©2024 Brightcove Inc. All Rights Reserved.

AI @ BRIGHTCOVE: DIFFERENTIATION

SECURE DATA & CONTENT INCLUSION

Partner with leading AI engines

Control the data & content used in all instances

INSIGHTS to ACTIONS to AUTOMATION

Using continuously learning systems

Platform that executes for you, while continuously learning

Building a Secure and Intelligent platform for our customers

©2024 Brightcove Inc. All Rights Reserved.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Brightcove Inc. published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 21:43:39 UTC.