Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
EVERBRIDGE, INC. reported Third quarter ended September 30, 2022 results: net income GAAP net loss was $(22.1) million, compared to $(28.7) million for the third quarter of 2021., EPS GAAP net loss per share was $(0.56), based on 39.7 million basic and diluted weighted average common shares outstanding,.
- Period
- Third quarter ended September 30, 2022
- Net income
- GAAP net loss was $(22.1) million, compared to $(28.7) million for the third quarter of 2021.
- EPS
- GAAP net loss per share was $(0.56), based on 39.7 million basic and diluted weighted average common shares outstanding,
- Result
- reported results
Exact text from the filing
Everbridge , Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its financial results for the third quarter ended September 30, 2022. Revenue was $111.4 million , up 15% year-over-year.
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Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
EVERBRIDGE, INC. reported Third quarter ended September 30, 2022 results: net income GAAP net loss was $(22.1) million, compared to $(28.7) million for the third quarter of 2021., EPS GAAP net loss per share was $(0.56), based on 39.7 million basic and diluted weighted average common shares outstanding,.
- Period
- Third quarter ended September 30, 2022
- Net income
- GAAP net loss was $(22.1) million, compared to $(28.7) million for the third quarter of 2021.
- EPS
- GAAP net loss per share was $(0.56), based on 39.7 million basic and diluted weighted average common shares outstanding,
- Result
- reported results
Exact text from the filing
GAAP net loss was $(22.1) million, compared to $(28.7) million for the third quarter of 2021. GAAP net loss per share was $(0.56), based on 39.7 million basic and diluted weighted average common shares outstanding, compared to $(0.75) for the third quarter of 2021, based on 38.4 million basic and diluted weighted average common shares outstanding.
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Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
EVERBRIDGE, INC. announced a restructuring with charges of approximately $30 million to $33 million.
- Type
- restructuring
- Charge
- approximately $30 million to $33 million
Exact text from the filing
On November 2, 2022, the Board of Directors of the Company approved an amendment to the 2022 Strategic Realignment program to include additional targeted realignment and reduction of headcount and other third-party spend. Overall, the 2022 Strategic Realignment charges will result in future cash expenditures of approximately $30 million to $33 million.
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