BIGC - BigCommerce Non-GAAP EPS of -$0.02 beats by $0.07 revenue of $75.44M beats by $2.08M

2023-08-03 16:29:30 ET

• BigCommerce press release ( NASDAQ: BIGC ): Q2 Non-GAAP EPS of -$0.02 beats by $0.07 .
• Revenue of $75.44M (+10.6% Y/Y) beats by $2.08M .
• Total annual revenue run-rate as of June 30, 2023 was $331.1 million, up 12% compared to June 30, 2022.
• Subscription revenue was $56.1 million, up 10% compared to the second quarter of 2022.
• ARR from accounts with at least one enterprise plan was $236.4 million as of June 30, 2023, up 14% from June 30, 2022.
• ARR from Enterprise Accounts as a percent of total ARR was 71% as of June 30, 2023, compared to 70% as of June 30, 2022.
• GAAP gross margin was 75%, compared to 75% in the second quarter of 2022. Non-GAAP gross margin was 77%, compared to 77% in the second quarter of 2022.
• Shares +10.18% .

For further details see: