Cvent, Inc. (CVT) Reports Q2 EPS of $0.05

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Go back to Cvent, Inc. (CVT) Reports Q2 EPS of $0.05

Cvent Announces Second Quarter 2016 Financial Results

August 5, 2016 4:15 PM EDT

Revenue of $59.6 Million Increases 26.0% Year-Over-Year

TYSONS CORNER, Va.--(BUSINESS WIRE)-- Cvent, Inc. (NYSE: CVT), a leading cloud-based enterprise event management company, today announced its financial results for the second quarter ended June 30, 2016.

Reggie Aggarwal, founder and chief executive officer of Cvent, said, Our second quarter results continued the strong financial start reported for the first quarter, with second quarter revenue up 26.0% from a year ago. Continued momentum was evident across both sides of our business, with the Event Cloud growing by 25.7% and the Hospitality Cloud growing by 26.7%. The... More