Bazaarvoice revenue up 11% YoY

Bazaarvoice, Inc. (NASDAQ: BV) reported revenue of USD43.1m for the fourth quarter of 2014, up 11 percent from the fourth quarter of 2013, and consisted of SaaS revenue of USD41.9m and net media revenue of USD1.2m.

Adjusted EBITDA from continuing operations: Adjusted EBITDA for the fourth quarter of 2014 was a loss of USD7.6m, compared to a loss of USD9.1m for the fourth quarter of 2013.

GAAP net loss and net loss per share from continuing operations: GAAP net loss was USD12.2m, compared to a GAAP net loss of USD23.0m for the fourth quarter of 2013. GAAP net loss per share was USD0.16 based upon weighted average shares outstanding of 77.2m, compared to USD0.32 for the fourth quarter of 2013 based upon weighted average shares outstanding of 73.1m.

Non-GAAP net loss and net loss per share from continuing operations: Non-GAAP net loss was USD8.4m, compared to a non-GAAP net loss of USD10.7m for the fourth quarter of 2013. Non-GAAP net loss per share was USD0.11 based upon weighted average shares outstanding of 77.2m, compared to USD0.15 for the fourth quarter of 2013 based upon weighted average shares outstanding of 73.1m.

For the year, Bazaarvoice reported revenue of USD168.1m for the fiscal year ended April 30, 2014, up 15 percent from the fiscal year ended April 30, 2013, and consisted of SaaS revenue of USD161.3m and net media revenue of USD6.8m.

Adjusted EBITDA from continuing operations: Adjusted EBITDA for the fiscal year 2014 was a loss of USD21.9m, consistent with a loss of USD21.9m for the fiscal year 2013.

GAAP net loss and net loss per share from continuing operations: GAAP net loss was USD52.8m, compared to a GAAP net loss of USD47.5m for the fiscal year 2013. GAAP net loss per share was USD0.70 based upon weighted average shares outstanding of 75.6m, compared to USD0.69 for the fiscal year 2013 based upon weighted average shares outstanding of 69.3m.

Non-GAAP net loss and net loss per share from continuing operations: Non-GAAP net loss was USD25.8m, compared to a non-GAAP net loss of USD24.2m for fiscal year 2013. Non-GAAP net loss per share was USD0.34 based upon weighted average shares outstanding of 75.6m, compared to USD0.35 for the fiscal year 2013 based upon weighted average shares outstanding of 69.3m.

Bazaarvoice is a network that connects brands and retailers to the authentic voices of people where they shop. For more information, visit www.bazaarvoice.com, read the blog at www.bazaarvoice.com/blog, and follow on Twitter at www.twitter.com/bazaarvoice.

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