Everbridge, Inc. (EVBG) Tops Q1 EPS by 20c

Everbridge, Inc. (NASDAQ: EVBG) reported Q1 EPS of ($0.16), $0.20 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $58.9 million versus the consensus estimate of $57.67 million.

“Amid the COVID-19 pandemic we have remained singularly focused on our purpose-driven mission to keep people safe and businesses running during critical events,” said David Meredith, Chief Executive Officer of Everbridge. “With more than 5,200 customers, our technology has demonstrated the crucial difference it can make for our customers spanning the corporate, government, and healthcare markets around the world on a daily basis over the past few months. I am proud of our team’s ability to quickly respond and serve the needs of new and existing customers during this dynamic environment. With that backdrop, our financial performance in the first quarter exceeded our guidance ranges. Our momentum, combined with the impact of acquisitions in the first quarter, leaves us well-positioned to deliver a strong performance in 2020 and beyond.”

GUIDANCE:

Everbridge, Inc. sees Q2 2020 EPS of ($0.22)-($0.20), versus the consensus of ($0.21). Everbridge, Inc. sees Q2 2020 revenue of $62.9-63.3 million, versus the consensus of $62.8 million.

Everbridge, Inc. sees FY2020 EPS of ($0.19)-($0.16), versus the consensus of ($0.76). Everbridge, Inc. sees FY2020 revenue of $261.5-263.5 million, versus the consensus of $259.86 million.

For earnings history and earnings-related data on Everbridge, Inc. (EVBG) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• JD.com (JD) Reiterated at Buy by Benchmark Amid Earnings Recovery
• Reading (RDI) Tops Q2 EPS by 4c