NEW YORK (TheStreet) -- Bazaarvoice (BV) shares are up 5.47% to $7.90 in after-hours trading on Tuesday after the software as a service company reported its second quarter financial results after the closing bell today.
The company reported a non-GAAP net loss of 5 cents per diluted share, a narrower loss than the 8 cents per diluted share analysts were expecting the company to report during the period.
Bazaarvoice also saw a 15% year over year increase in revenue to $47.3 million, just ahead of the $46.7 million the company was expected to generate during the quarter.
TheStreet Ratings team rates BAZAARVOICE INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate BAZAARVOICE INC (BV) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: BV Ratings Report
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