BIGC - BigCommerce sets revenue guidance ahead of expectations

BigCommerce (BIGC) updates guidance alongside its Q3 report. The e-commerce company expects Q4 revenue $38.3M to $38.7M vs. $37.4M consensus and a non-GAAP operating loss between of -$10.4M to -$10.1M vs, -$10.2M consensus. For FY20, BigCommerce guides for revenue of $147.5M to 147.9M vs. $143.3M consensus vs. prior guidance for $142.5M to $143.3M and a non-GAAP operating loss between -$29.9M to -$29.6M vs. -$33.2M consensus. CEO update: "As we head into the busiest time of year for retail, we remain focused on providing our merchants the technology, partnerships and resources they need to usher in a successful holiday sales season." Shares of BigCommerce are down 0.07% premarket to $85.28.Previously: BigCommerce EPS beats by $0.18, beats on

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BigCommerce sets revenue guidance ahead of expectations