Thursday, June 11, 2015

Bazaarvoice Grows Annual Revenues To $191M

Austin-based Bazaarvoice reported its fourth fiscal quarter and yearly results yesterday, reporting that it had $191.2M in revenues for its fiscal year ended April 30th, up 14 percent from 2014. The company reported a net loss of $34.4M for the year. For the quarter, Bazaarvoice said it had $48.3M in revenues, an increase of 12 percent year-to-year, with a net loss of $8.8M. Bazaarvoice is led by Gene Austin, and develops ratings and review software used by online e-commerce retailers to display consumer ratings and reviews of products they sell on their website.