Brightcove reports “strong Q3”, signs Viacom

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November 2, 2012 – Brightcove, a global provider of cloud-based solutions for publishing and distributing professional digital media, has announced financial results for the third quarter ended September 30th, 2012.

Total revenue for the third quarter of 2012 was $22.1 million, an increase of 32 per cent compared to $16.7 million for the third quarter of 2011. Subscription and support revenue was $21.5 million, an increase of 35 per cent compared with $15.9 million for the third quarter of 2011. Professional services and other revenue was $0.6 million, a decrease compared to $0.8 million for the third quarter of 2011.

Read more at Advanced Television

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