Everbridge

Everbridge, Inc. engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization's operational response to critical events. Its SaaS-based CEM platform enables customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans. The company was founded by Cinta Putra and Steve Kirchmeier in 2002 and is headquartered in Burlington, MA.

Earnings data Q3 2020

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Everbridge posts robust Q4 results, eyes $1 billion ARR goal

Everbridge delivered strong financial performance, focusing on profitable growth towards $1 billion in ARR. The company's strategic initiatives, including reducing debt, adding new customers, and enhancing digital solutions, position it for long-term success.

Everbridge reports solid Q1 earnings, focuses on growth strategies

Everbridge's Q1 performance showcased revenue growth, strong ARR, and cash flow generation. The company's resilience in software platform performance and strategic focus on growth and profitability position it well for achieving its financial targets. Challenges include managing costs and balancing growth strategies to mitigate risks.

Everbridge reports Q2 growth amidst deal challenges and market shifts

Everbridge's Q2 performance showed revenue growth and solid execution despite challenges in deal sizes and macro environment impacts.
The company's focus on mid-market growth, product enhancements, and cost efficiencies positions it for future opportunities.
Challenges include large deal impacts on revenue and international market difficulties, but Everbridge remains optimistic about growth potential.
Opportunities lie in driving profitability, improving cash flow, and leveraging CEM solutions for productivity gains.

Everbridge reports Q3 revenue growth and aims for profitable growth

Everbridge's Q3 performance showed revenue growth and improved profitability, driven by strong subscription revenue and adjusted EBITDA.
While facing challenges in retention and leverage reduction, the company is focused on driving recurring revenue growth and enhancing customer success.
Opportunities lie in engaging with investors, generating cash flow for debt repayment, and maintaining financial strength through EBITDA growth.
Overall, Everbridge aims for disciplined growth investments to achieve profitable growth and reduce leverage in the coming years.

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Everbridge, Inc. engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization's operational response to critical events. Its SaaS-based CEM platform enables customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans. The company was founded by Cinta Putra, Steve Kirchmeier, Patrick Stuver and James Keene in 2002 and is headquartered in Burlington, MA.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Everbridge, Inc. (“Everbridge” or the “Company”) (NASDAQ: EVBG) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Everbridge investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securitie

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Everbridge, Inc. (EVBG) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $EVBG #investors--The Law Offices of Frank R. Cruz Announces Investigation of Everbridge, Inc. (EVBG) on Behalf of Investors

The Law Offices of Frank R. Cruz Announces Investigation of Everbridge, Inc. (EVBG) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Everbridge, Inc. (“Everbridge” or the “Company”) (NASDAQ: EVBG) investors concerning the Company's possible violations of the federal securities laws. On December 9, 2021, Everbridge announced the resignation of its CEO. A Bloomberg report noted that the “timing and uncertainty around the circumstances of [the CEO's] departure combined with the company's guidance introduces a high degree of un

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Everbridge, Inc. (EVBG) on Behalf of Investors

The company has long struggled with profitability.

Key Investor Highlights From Everbridge's Q3 Earnings Report

Shares of EVBG crashed by over 45% on the surprise departure of the company's CEO.

Everbridge: Overblown CEO Exit Selloff Creates A Buying Opportunity

NEW YORK--(BUSINESS WIRE)-- #EVBG--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Everbridge, Inc. (“Everbridge” or the “Company”) (NASDAQ: EVBG) on behalf of Everbridge stockholders. Our investigation concerns whether Everbridge has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On December 9, 2021, after the market closed, Everbridge anno

EVERBRIDGE ALERT: Bragar Eagel & Squire, P.C. is Investigating Everbridge, Inc. on Behalf of Everbridge Stockholders and Encourages Investors to Contact the Firm

Everbridge Inc (NASDAQ:EVBG) stated that IT Central Station, a peer review site for enterprise technology, ranked its Digital Operations Platform as the top IT Alerting and Incident Management solution. The Critical Event Management (CEM) for Digital technology is now fully integrated following the company's recent acquisition of xMatters.

Wells Fargo Slashes Everbridge Price Target By 48%

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM), today announced that IT Central Station, the leading peer review site for enterprise technology, ranked Everbridge's Digital Operations Platform the top IT Alerting and Incident Management solution. The CEM for Digital technology is now fully integrated following the company's recent acquisition of xMatters. “Everbridge stands incredibly proud to be ranked as the top provid

Following Release of New Digital Operations Platform, Everbridge Recognized as Top Enterprise IT Alerting Solution by IT Central Station

Shares of Everbridge Inc. appeared to fall off a cliff Friday, putting them on track for their biggest-ever one-day selloff by a wide margin, as the chief executive's resignation and disappointing revenue outlook led a number of analysts to abandon their bullish calls.

Everbridge stock suffers record selloff after CEO resignation, downbeat outlook leads to multiple downgrades

MILWAUKEE, Dec. 10, 2021 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Everbridge, Inc. (NASDAQ: EVBG). The investigation results from inaccurate statements Everbridge may have made regarding its business operations and prospects.

Ademi LLP Investigates Claims of Securities Fraud against Everbridge, Inc.

Everbridge said late Thursday that CEO David Meredith is resigning after over two years at the software company.

Everbridge plunges by almost 50% after CEO resigns from software company

The software company needs a new CEO -- and more revenue growth than it's likely to deliver.

Why Everbridge Stock Just Collapsed

Everbridge Inc's (NASDAQ:EVBG) 2022 revenue growth guidance of 20% to 23% is not only short of the consensus estimate of +26%, but also marks a sharp deceleration from 2021 levels, according to BofA Securities. The Everbridge Analyst: Koji Ikeda downgraded the rating for Everbridge from Neutral to Underperform, while lowering the price target from $175 to $100.

BofA Downgrades Everbridge On CEO Transition, Disappointing Guidance

Everbridge (EVBG) stock is taking a beating on Friday following news that the software company's CEO is leaving for unknown reasons. The post EVBG Stock: 10 Things to Know About Everbridge CEO's Exit as Shares Plunge appeared first on InvestorPlace.

EVBG Stock: 10 Things to Know About Everbridge CEO's Exit as Shares Plunge

SAN DIEGO, Dec. 10, 2021 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, announces that it is investigating claims on behalf of investors of Everbridge, Inc. (NASDAQ: EVBG). Specifically, Johnson Fistel's investigation seeks to determine whether the Company issued false or misleading statements or failed to disclose information pertinent to investors.

(EVBG) Alert: Did You Lose Money on Your Everbridge Investment? Contact Johnson Fistel Regarding Investigation

The stock price of Everbridge Inc (NASDAQ: EVBG) fell by over 35% pre-market today. This is why it happened.

Everbridge Stock (EVBG): Why The Price Fell Today

Analysts downgraded ratings and cut their price target on Everbridge Inc (NASDAQ:EVBG) following the CEO departure and a disappointing outlook. JPMorgan analyst Sterling Auty downgraded to Neutral from Overweight with a price target of $127, down from $200 (10.1% upside).

Why Are Everbridge Shares Trading Lower Premarket?

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced that David Meredith has notified the Board of Directors of the Company of his intention to resign from his role as Chief Executive Officer (“CEO”) of the Company and as a member of the Board of Directors of the Company. The Board of Directors has accepted Mr. Meredith's resignation. Everbridge will immediately e

Everbridge Announces CEO Transition

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM), today announced that the company's JARVISS software solution won “Best Federal Government Security Program” at the 2021 Annual “ASTORS” U.S. Homeland Security Awards. The ASTORS honor distinguished government solutions that help keep the United States secure by delivering enhanced value, benefit, and intelligence to government, homeland security, enterprise, and public safe

Everbridge Wins Platinum Homeland Security Award for Powering JARVISS, the U.S. Army's Enterprise System for Threat Visibility

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM), today announced the launch of its new Digital Operations Platform, helping organizations to save time and money, deliver continuous service uptime and maintain revenue streams. The new platform extends Everbridge's market-leading CEM for Digital solution to further support customers' digital transformation efforts. The new platform provides Everbridge's enterprise customers

Everbridge Unveils New Digital Operations Platform to Automate and Streamline Service Delivery and IT Incident Management

LONDON--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in Critical Event Management (CEM) and national Public Warning solutions, and Howden, the international insurance broking group, today announced a first-of-its-kind collaboration combining public safety technology with parametric insurance to provide a holistic approach for governments, nongovernmental organizations (NGOs) and charities to address climate risk and resilience. By bringing together Everbridge technology w

Everbridge Enters Into First-of-its-Kind Collaboration with Howden to Combine Public Safety Technology with Parametric Insurance to Address Climate Risk and Resilience

COLCHESTER, England--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced that the company's next-generation Public Warning Center solution won the prestigious 2021 Gold Globee® award in the category of “Products, Services, and Solutions for EMEA.” “It serves as an honor to be named the Gold winner by the Globee® Business Excellence Awards and to receive this esteemed industry and p

Everbridge Public Warning Wins 2021 Gold Globee® for Product Excellence

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM) today announced the introduction of its next-generation Travel Risk Management (TRM) solution for new and existing customers. Everbridge offers the only global travel risk, operational resilience and occupational health management solutions, integrated within a market-leading critical event management platform, for helping businesses and organizations quickly locate and comm

Everbridge Introduces Next Generation of its Travel Risk Management Solution for Business, Healthcare and Government Customers

Everbridge (EVBG) CEO David Meredith on Q3 2021 Earnings Call Transcript

Everbridge (EVBG) delivered earnings and revenue surprises of 135.71% and 2.59%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Everbridge Stock (EVBG)