earnings
confidence high
sentiment negative
materiality 0.80
BigCommerce Q3 revenue $72.4M (+22% YoY); GAAP EPS ($0.41); guides FY revenue $279-281M
Commerce.com, Inc.
2022-Q3 EPS reported
-$1.46
revenue$206,644,000
- GAAP net loss widened to ($30.3M) vs ($21.7M) a year ago; Non-GAAP EPS ($0.15) vs ($0.06).
- Total ARR $305.3M (+20%); Enterprise ARR $216.2M (+35%), now 71% of total ARR.
- Q4 guidance: revenue $72.4-74.2M (organic growth 12-14%); FY2022 rev $279.1-280.9M (27-28% growth).
- Adjusted EBITDA loss deepened to ($10.9M) from ($3.1M) in Q3 2021.
- Cash $308.1M; free cash flow ($90.9M) YTD including $32.5M Feedonomics acquisition payment.