Cvent, Inc. (CVT) Misses Q1 EPS by 10c

Go back to Cvent, Inc. (CVT) Misses Q1 EPS by 10c

Cvent Announces First Quarter 2023 Financial Results

May 8, 2023 4:05 PM EDT

Revenue Increases 21.0% Year-over-Year

TYSONS, Va.--(BUSINESS WIRE)-- Cvent Holding Corp. (Cvent) (Nasdaq: CVT), an industry-leading meetings, events and hospitality technology provider, today announced financial results for the first quarter ended March 31, 2023.

First Quarter 2023 Financial Highlights

Revenue

Total revenue was $166.2 million for the first quarter of 2023, an increase of 21.0% from the comparable period in 2022. Event Cloud revenue was $114.7 million for the first quarter of 2023, an increase of 20.7% from the comparable period in 2022. Hospitality... More