BigCommerce Holdings, Inc. - Series 1 Common Stock (BIGC)
6.2550
+0.0150 (0.24%)
Bigcommerce Holdings Inc is a leading e-commerce platform that empowers businesses of all sizes to create and manage their online stores with ease
The company offers a comprehensive suite of tools and services designed to help merchants sell products across various channels, including their own websites, social media platforms, and online marketplaces. With a focus on flexibility, scalability, and user-friendly design, Bigcommerce provides customizable solutions that cater to the diverse needs of retailers, enabling them to enhance their online presence, optimize sales processes, and deliver an engaging shopping experience to their customers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at GoDaddy (NYSEGDDY) and the best and worst performers in the e-commerce software industry.
BigCommerce has gotten torched over the last six months - since July 2024, its stock price has dropped 23.4% to $6.13 per share. This might have investors contemplating their next move.
E-commerce software platform provider BigCommerce (NASDAQBIGC) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 7.3% year on year to $83.71 million. On the other hand, next quarter’s revenue guidance of $86.8 million was less impressive, coming in 1.2% below analysts’ estimates. Its non-GAAP profit of $0.06 per share was 98.2% above analysts’ consensus estimates.
