AUSTIN, Texas , Nov. 07, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce” or the “Company”) (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced financial results for its third quarter ended September 30, 2024. “BigCommerce has been significantly underrepresented in the marketplace relative to the strength of our products,” said Travis Hess, CEO of BigCommerce. “Our third-quarter revenue increased 7% ...

EL SEGUNDO, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Shirofune, the leading digital advertising automation management platform, today announced its integration with BigCommerce, a leading open SaaS ecommerce platform for fast-growing and established brands, to predict and optimize ad campaigns based on Customer Lifetime Value (LTV). This integration highlights Shirofune's continued expansion into the ecommerce space and provides advertisers with a new level of sophistication in ad performance optimization, ...

AUSTIN, Texas, Oct. 08, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. ("BigCommerce") (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced it will report its financial results for the third quarter ended September 30, 2024, before market open on Thursday, November 7, 2024. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 7:00 a.m. CT (8:00 a.m. ET) on T ...

Shares of BigCommerce Holdings (NASDAQ: BIGC ) slumped after the e-Commerce platform submitted its second-quarter earnings sheet in August, but the sell-off has gone a bit too far, in my opinion, and investors could soon see a major inflection point in the Analyst's Disclosure: I/we have a beneficial long position in the shares of BIGC, SHOP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (ot ...

Core Viewpoint - BigCommerce has appointed Travis Hess as the new CEO to address challenges such as slowing growth, declining enterprise accounts, and poor profitability, but market reaction has been muted with shares down over 35% this year and over 95% from 2020 highs [1] Company Overview - BigCommerce offers a software-as-a-service (SaaS) platform for businesses to create online marketplaces, primarily competing with Shopify [3] - The company generates two-thirds of its revenue from enterprises and one-third from small to medium-sized businesses (SMBs) [3] Challenges Facing BigCommerce - BigCommerce faces intense competition from Shopify, which has achieved over 20% revenue growth, while BigCommerce has not surpassed 20% growth since Q3 2022 [4] - In Q2, BigCommerce reported an 8.5% revenue growth with stagnant net income and nearly flat year-over-year growth [4] - The company has experienced a decline in enterprise accounts for three consecutive quarters, remaining around 5,900, despite a 7% year-over-year increase in average revenue per enterprise account in Q2 [4] Leadership and Future Outlook - Under the new leadership of Travis Hess, who has extensive IT consulting experience, there is potential for significant changes at BigCommerce [5] - The company is expected to report Q3 results soon, and it must demonstrate its capabilities to regain investor confidence amidst intense competition and unfavorable macroeconomic conditions [5]

AUSTIN, Texas, Oct. 02, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. ("BigCommerce") (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced the appointment of Travis Hess as CEO. Brent Bellm will no longer serve as CEO of the Company or as Chairman of the Board. The Board elected Hess as a director of the Company, to fill the vacancy created by Bellm's departure. Current board member Ellen Siminoff will assume the ...

AUSTIN, Texas, Aug. 23, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. ("BigCommerce") (Nasdaq: BIGC), a leading open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced that company leaders will host a question and answer session with sell-side analysts at 1:00 p.m. CDT on Tuesday, August 27, 2024, during the company's BigSummit thought leadership conference in Austin, Texas. The question and answer session will provide updates on BigC ...

WOBURN, Mass., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bridgeline Digital, Inc. (NASDAQ: BLIN), a global leader in AI-powered marketing technology, today announced a large retailer of pins and other accessories has chosen HawkSearch's Recommendations for its BigCommerce site. The retailer will use HawkSearch to increase sales with Rapid UI and Recommendations. With HawkSearch's Rapid UI, the retailer can quickly implement HawkSearch features tailored to its industry without heavy uplift from a developer team. Wit ...

BigCommerce Holdings, Inc. (NASDAQ:BIGC) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Tyler Duncan - Senior Director of Finance and Investor Relations Brent Bellm - Chairman and CEO Daniel Lentz - CFO Conference Call Participants Raimo Lenschow - Barclays Ken Wong - Oppenheimer Koji Ikeda - Bank of America David Hynes - Canaccord Mark Murphy - JPMorgan Jeremy Sahler - Jefferies Brian Peterson - Raymond James Chris Kuntarich - UBS Operator Ladies and gentlemen, thank you fo ...

1© BigCommerce. All rights reserved. Confidential. 2Q 2024 Financial Results Disclaimer This presentation has been prepared by BigCommerce Holdings, Inc. ("we,ˮ "us,ˮ "our,ˮ "BigCommerceˮ or the "Companyˮ). This presentation may contain forward-looking statements which constitute the views of the Company with respect to future events which can be identified by the use of forward-looking terminology such as "anticipate,ˮ "believe,ˮ "budget,ˮ "can,ˮ "continue,ˮ "commit,ˮ "control,ˮ "could,ˮ "estimate,ˮ "expec ...