BigCommerce Q1 revenue $80.4M (+12% YoY); GAAP net loss narrows to $6.4M from $22.1M

Commerce.com, Inc.

2024-Q1 EPS reported -$0.08 revenue$80,360,000

Revenue $80.4M, up 12% YoY; subscription revenue $61.0M, up 13%.
GAAP net loss $6.4M ($0.08/sh) vs $22.1M loss; non-GAAP net income $5.0M ($0.07/sh).
Adjusted EBITDA $4.2M vs ($5.5M); free cash flow ($4.2M); cash $266.3M.
Enterprise ARR $248.2M (+8% YoY); total ARR $340.1M (+7%); enterprise accounts 5,970.
Appointed Travis Hess as President; Q2 rev guidance $79.8-81.8M, FY24 rev $329.7-335.7M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Commerce.com, Inc. reported first quarter ended March 31, 2024 results: revenue $80.4 million.

Period: first quarter ended March 31, 2024
Revenue: $80.4 million
Result: reported results

Exact text from the filing

BigCommerce Announces First Quarter 2024 Financial Results First Quarter Total Revenue of $80.4 Million, an Increase of 12% Versus Prior Year.

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Commerce.com, Inc. filing history →

Source: SEC EDGAR

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