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BigCommerce Posts Impressive Q1 Results, CEO Anticipates 'Additional Growth Momentum'
BigCommerce Holdings, Inc. (NASDAQ:BIGC) reported first-quarter 2024 revenue growth of 12% year-over-year to $80.36 million, beating the consensus of $77.202 million.
Non-GAAP net income per share was 7 cents, beating the analyst consensus of 4 cents.
Subscription revenue was $61 million, up 13% Y/Y. Number of enterprise accounts was 5,970, up 2% Y/Y, and Average revenue per account of enterprise accounts was $41,581 up 6% Y/Y.
Total annual revenue run-rate (ARR) as of March 31, 2024, was $340.1 million (+7% Y/Y), and ARR from accounts with at least one enterprise ...