EverCommerce

EverCommerce, Inc. provides integrated, vertically-tailored software-as-a-service solutions for service-based small- and medium-sized businesses. Its platform spans across the full lifecycle of interactions between consumers and service professionals with vertical-specific applications. The firm’s platform provides vertically-tailored SaaS solutions that address small-and medium-sized businesses increasingly specialized demands, as well as complementary solutions that complete end-to-end offerings. Its solutions and services include electronically transmitting claims for services and items rendered by providers to payers for approval and reimbursement. The firm also provides revenue cycle management services to clients that include the coding, preparation, submission and collection of claims for medical service to payers for reimbursement. The company was founded by Eric Remer in September 2016 and is headquartered in Denver, CO.

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EverCommerce excels in Q4 2022, poised for growth through payments

EverCommerce delivered strong financial performance in Q4 2022, showcasing revenue growth, margin expansion, and a focus on customer payments and retention.
The company's strengths in tailored SaaS solutions, payment expertise, and growth strategy position it well for future success and market leadership.
While challenges in margin targets and operational efficiency exist, EverCommerce has opportunities to drive value through payments, customer empowerment, and strategic investments.
Overall, EverCommerce's proactive approach to growth, financial health, and commitment to customer-centric solutions bode well for its continued success and market position.

EverCommerce excels in Q1, eyes growth through diversified offerings

EverCommerce delivered robust Q1 performance, driven by revenue growth, strong EBITDA margin, and customer loyalty.
Key strengths include diversified customer base, focus on healthcare vertical, and efficient cost management.
Challenges lie in addressing analyst queries, ensuring stable customer acquisition, and optimizing post-M&A integration.
Opportunities exist in leveraging positive market response to pricing strategies, sustaining growth momentum, and enhancing operational efficiency.

EverCommerce reports robust Q2 earnings, eyes AI integration for growth

EverCommerce's Q2 2023 showcased strong financial performance, marked by revenue growth and margin improvement. The company's focus on customer engagement, integrated solutions, and AI integration positions it well for continued growth. Challenges include seasonality and revenue guidance stabilization, but opportunities lie in AI integration and rebranding efforts.

EverCommerce exceeds Q3 revenue targets, eyes margin expansion in 2024

EverCommerce delivered strong financial results in Q3 2023, driven by revenue growth and cost management strategies, with a focus on profitability and cash flow generation.
Despite challenges in certain segments, the company remains optimistic about growth prospects, emphasizing margin expansion initiatives and customer engagement strategies.
Strategic acquisitions, workforce restructuring, and a prudent approach to guidance underscore EverCommerce's commitment to sustainable growth and operational efficiency.
With a clear focus on margin expansion, revenue diversification, and customer-centric strategies, EverCommerce is poised for continued success and market leadership.

EverCommerce posts solid Q4 results, eyes growth through innovation

EverCommerce delivered strong financial results in Q4 2023, with revenue and adjusted EBITDA showing robust growth.
Strategic moves to exit the fitness vertical, introduce innovative solutions, and focus on efficiency position the company for future success.
Challenges include managing short-term revenue impacts, balancing growth investments, and executing pricing strategies effectively.
Opportunities for growth and profitability exist through value-added services, leveraging '23 learnings, and strategic investments in core areas.

EverCommerce surpasses Q1 expectations, eyes growth through optimization

EverCommerce's Q1 performance exceeded expectations with strong revenue and EBITDA growth.
The company's focus on customer base, margin expansion, and cash flow generation are key strengths.
Challenges include managing seasonality, pricing strategies, and balancing growth avenues.
Opportunities lie in strategic investments, top TPV growth, and operational optimization for future growth.

EverCommerce surpasses revenue expectations and appoints new CFO for growth

EverCommerce's Q2 2024 performance reflects solid revenue growth, margin expansion, and a focus on customer-centric solutions.
The company's strengths lie in its strategic initiatives, strong customer base, and commitment to operational excellence.
Challenges include maintaining growth momentum, balancing efficiency with growth, and navigating external uncertainties.
Opportunities for EverCommerce include market expansion, innovation, strategic partnerships, and leveraging new leadership for sustainable growth.

EverCommerce exceeds Q3 revenue targets, poised for strategic growth

EverCommerce delivered a robust performance in Q3 2024, surpassing revenue expectations and demonstrating strong financial metrics.
The company's focus on payment solutions, customer retention, and strategic initiatives positions it well for future growth.
While facing challenges in a competitive landscape, EverCommerce has opportunities to drive revenue through customer engagement and operational enhancements.

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EverCommerce, Inc. engages in providing integrated, vertically-tailored software-as-a-service solutions for service-based small and medium sized businesses. It operates through the United States and International geographical segments. The company was founded by Eric Remer in September 2016 and is headquartered in Denver, CO.

DENVER, Aug. 11, 2021 /PRNewswire/ -- ClubWise , an EverCommerce, Inc. (NASDAQ: EVCM) solution and an all-in-one billing and club management solution for health and fitness organizations, is launching a Fitness Business Bootcamp with industry expert Matt Wright, MS, EP-C. The education series connects gym owners across the world to network, share best practices and grow their businesses.

ClubWise Hosts Fitness Business Bootcamp to Support Independent Gym Owners and Managers

EverCommerce Inc. (EVCM) CEO Eric Remer on Q2 2021 Results - Earnings Call Transcript

DENVER, Aug. 09, 2021 (GLOBE NEWSWIRE) -- EverCommerce, Inc. (NASDAQ: EVCM), a leading service commerce platform, today announced financial results for the second quarter ended June 30, 2021.

EverCommerce Announces Financial Results for Second Quarter Fiscal Year 2021

Several analysts initiated coverage of EverCommerce Inc (NASDAQ: EVCM), seeing upside potential and attractive valuation. Analyst Ratings: Jefferies analyst Samad Samana initiated coverage of EverCommerce with a Hold rating and a $19 price target, implying an 8.9% upside.

Analysts Initiate Coverage On EverCommerce Over Its Market Opportunity Potential

DENVER, July 19, 2021 (GLOBE NEWSWIRE) -- EverCommerce, Inc. (NASDAQ:EVCM), a leading service commerce platform, today announced that it will report its second quarter fiscal year 2021 financial results after the U.S. financial markets close on Monday, August 9, 2021.

EverCommerce Announces Date of Second Quarter Fiscal Year 2021 Earnings Call

Service commerce platform EverCommerce Inc (NASDAQ: EVCM) acquired Medical Design Technologies (MDTech) for undisclosed financial terms. Houston, Texas-based MDTech offers accurate, efficient, and simple charge capture and analytics solutions to small- and medium-sized practices across 20 different specialties and 29 states.

EverCommerce Acquires Medical Design Technologies For Undisclosed Sum

DENVER, July 8, 2021 /PRNewswire/ -- Today  EverCommerce Inc. (Nasdaq: EVCM) ("EverCommerce" or the "Company"), a leading service commerce platform, announced it has acquired  Medical Design Technologies ("MDTech"), a leading provider of mobile charge capture solutions. Based in Houston, Texas, MDTech provides accurate, efficient, and simple charge capture and analytics solutions to small- and medium-sized practices across 20 different specialties and 29 states.

EverCommerce Acquires MDTech, Leading Electronic Charge Capture Solution

DENVER, July 8, 2021 /PRNewswire/ -- EverCommerce (Nasdaq: EVCM) ("EverCommerce" or the "Company"), a leading service commerce platform, announced today that it completed the acquisition of Timely, a global appointment booking and business management software company used by spas and salons across the United Kingdom, Australia and New Zealand. Timely joins the EverCommerce suite of integrated SaaS solutions across business management, marketing, customer engagement, and billing and payments.

EverCommerce Completes Acquisition of Timely, Leading Business Management Software for Beauty Industries

EverCommerce: Specialized SMB Software Play

Krispy Kreme

Acumen Pharmaceuticals

Torrid Holdings

D-MARKET Electronic Services

The Glimpse Group

Acumen Pharmaceuticals, D-MARKET Electronic Services & Trading, Evercommerce, Torrid Holdings, and the Glimpse Group will also make their debuts.

Krispy Kreme and 5 Other IPOs to Begin Trading

Shares of EverCommerce Inc. , a software-as-a-servive provider for small and medium-size companies, saw its share jump 13% in their trading debut Thursday, after the company's initial public offering priced at $17 a share, the midpoint of a $16 to $18 price range. The company sold 19.1 million shares to raise $324.7 million at a valuation of $3.3 billion, based on the 192.5 million shares to be outstanding once the deal is completed.

EverCommerce shares jump 13% in trading debut

DENVER, July 01, 2021 (GLOBE NEWSWIRE) -- EverCommerce Inc. (“EverCommerce”), a leading service commerce platform, announced today the pricing of its initial public offering of 19,117,648 shares of its common stock at a public offering price of $17.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on July 1, 2021, under the ticker symbol “EVCM.” The initial public offering is expected to close on July 6, 2021, subject to customary closing conditions.

EverCommerce Announces Pricing of Initial Public Offering

EverCommerce has filed proposed terms for a $325 million IPO.

News for EverCommerce Stock (EVCM)