Cvent, Inc. (CVT) Tops Q2 EPS by 5c

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Cvent Announces Second Quarter 2015 Financial Results

August 6, 2015 4:05 PM EDT

Revenue of $47.3 Million Increases 39% Year-Over-Year

Cvent CONNECT Solidifies Leadership Position

TYSONS CORNER, Va.--(BUSINESS WIRE)-- Cvent, Inc. (NYSE: CVT), a leading cloud-based enterprise event management platform, today announced its financial results for the second quarter ended June 30, 2015.

Reggie Aggarwal, Chief Executive Officer of Cvent, said, Cvent executed another strong quarter with revenue well above our guidance. Revenue upside fell to the bottom line, and along with better expense management, helped us achieve adjusted EBITDA that was also above the high end of our guidance... More