BigCommerce Holdings Full Year 2024 Earnings: EPS Beats Expectations

BigCommerce Holdings (NASDAQ:BIGC) Full Year 2024 Results

Key Financial Results

• Revenue: US$332.9m (up 7.6% from FY 2023).
• Net loss: US$27.0m (loss narrowed by 58% from FY 2023).
• US$0.35 loss per share (improved from US$0.86 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BigCommerce Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%.

The primary driver behind last 12 months revenue was the Americas - Unites States segment contributing a total revenue of US$253.5m (76% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$129.6m (46% of total expenses). Explore how BIGC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in the US.

Performance of the American IT industry.

The company's shares are up 4.0% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on BigCommerce Holdings' balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.