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BigCommerce Holdings: 3Q Earnings Snapshot

·1 min read

AUSTIN, Texas (AP) _ BigCommerce Holdings, Inc. (BIGC) on Thursday reported a loss of $10.9 million in its third quarter.

On a per-share basis, the Austin, Texas-based company said it had a loss of 16 cents.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.

The company posted revenue of $39.7 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $36.2 million.

For the current quarter ending in December, BigCommerce Holdings said it expects revenue in the range of $38.3 million to $38.7 million.

The company expects full-year revenue in the range of $147.5 million to $147.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIGC at https://www.zacks.com/ap/BIGC