Everbridge, Inc. (NASDAQ:EVBG) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.11 per share.
For the full year, analysts predict revenues of $ 265.13 million, while looking forward to loss of $ 0.1 per share.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ -0.12 ~ $ -0.11 per share, while revenues are expected in a range of $ 68.30 million ~ $ 68.70 million
Full Year 2020 topline are forecasted in a range of$ 264.00 million ~ $ 266.00 million, where as bottomline are predicted in a range of $ -0.12 ~ $ -0.09 per share
Click Here For More Historical Outlooks Of Everbridge, Inc.
Previous Quarter Performance
Everbridge, Inc. unveiled income for the second quarter of $ 0.06 per share, from the revenue of $ 65.38 million. The quarterly revenues elevated 35.05 percent compared with the same quarter last year. Street analysts expected Everbridge, Inc. to report loss of $ 0.21 per share on revenue of $ 63.01 million for the second quarter. The bottom line results beat street analysts by $ 0.27 or 128.57 percent, at the same time, top line results outshined analysts by $ 2.37 million or 3.76 percent.
Stock Performance
Shares of Everbridge, Inc. traded up $ 7.75 or 7.36 percent on Wednesday, reaching $ 113.07 with volume of 986.40 thousand shares. Everbridge, Inc. has traded high as $ 116.88 and has cracked $ 109.98 on the downward trend
The closing price of $ 113.07, representing a 38.32 % increase from the 52 week low of $ 76.14 and a 36.47 % decrease over the 52 week high of $ 165.79.
The company has a market capital of $ 3.91 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Everbridge, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.everbridge.com
Everbridge, Inc. operates as a software company in the United States and internationally. The companys Critical Event Management, a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification that enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before, during, and after natural or man-made disasters, and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management that enables organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate with members of their teams during an IT incident or outage.
