Boston, MA 06/07/2013 (wallstreetpr) – The shares of Bazaarvoice Inc. (NASDAQ:BV) had surged to close at $9.22 for the end of last trading session on Thursday, which was observed to be an increase of 14.96 percent over the previous closing price. The shares of the company had been trading in the range of $8.00 to $9.51 per share during the day. The shares of Bazaarvoice Inc. (NASDAQ:BV) had recorded 52 week low price level of $6.37 per share and 52 week high price level of $20.20 per share.
Fourth Quarter Financial Results
Bazaarvoice Inc. (NASDAQ:BV) is primarily engaged in providing social commerce solutions to clients, thereby enabling them to capture and analyze the customer sentiments towards brands, products and services. The company had recently released its financial results for the fourth quarter of this fiscal year in which the revenue had increased by 35 percent over the same quarter of previous year.
Bazaarvoice Inc. (NASDAQ:BV) had reported GAAP adjusted net loss of $23.1 million or $0.32 loss per basic and diluted share, compared to the net loss of $0.13 per share for the same quarter of previous year. The non GAAP adjusted net loss was reported to be $0.12 per share, compared to $0.08 loss per share for the same quarter of previous year.
The shares of Bazaarvoice Inc. (NASDAQ:BV) had witnessed the trade of 1.95 million shares on Thursday, while the average trading volume is at 493,183 shares per day. The company presently holds 72.79 million shares outstanding in the market with an institutional ownership of 85 percent of its holdings.
