Posted on Tuesday, June 26th, 2012 at 2:41 pm.
Bazaarvoice, Inc., a social software company based in Austin, Texas, has announced their fourth quarter financial report for this fiscal year.
A few highlights from the report show that for the fourth fiscal quarter, which is also the fiscal year that ends on April 30, 2012 saw a revenue for the fourth quarter of $31.4 million, which was a 63 percent increase from the fourth quarter of 2011, which was at $19.3 million.
“The fourth quarter marked a strong finish to fiscal 2012,” stated Brett Hurt, founder and CEO of Bazaarvoice. “Our momentum is being driven by the expanding reach and capabilities of our platform, the combination of which delivers significant value to our retail and brand customers. Online word of mouth content already plays a critical role in consumers’ purchasing decisions, and we believe that we are still in the early stages of transforming the $12 trillion retail industry.”
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