BigCommerce reports Q1 non-GAAP EPS 7c, consensus 4c

Reports Q1 revenue $80.4M, consensus $77.2M. “Our Q1 results reflect a good start to the year as our total revenue exceeded $80M, up 12% year-over-year. We also delivered strong profit improvement, with net income gaining nearly 23 points as a percent of revenue compared to last year,” said CEO Brent Bellm. “Looking forward, we anticipate additional growth momentum from our new Catalyst storefront technology, Open Source B2B Buyer Portal, and the 100+ new product releases announced as part of Next Big Thing…”