01-02-2013: Revenues up 31% year-on-year to $24.3 million for the fourth quarter and a 38% increase for the full year have driven a very impressive fiscal 2012 for Brightcove.
The cloud-based online video services provider revealed that for the quarter ended 31 December 2012 it also racked up subscription, and support revenue was $23.2 million, a year-on-year increase of 34%. Professional services and other revenue of $1.1 million, slightly down on the previous year. These figures contributed to a gross profit for the fourth quarter of 2012 of $16.7 million, up nearly $4 million compared with Q411.
Read more at Rapid TV News