{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-022892","form_type":"8-K","ticker":null,"cik":"0001437352","company_name":"EVERBRIDGE, INC.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.654369+00:00","generated_at":"2026-06-22T03:16:42.464120+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Everbridge Q3 revenue $111.4M (+15% YoY); plans 200-job cut, guides 6-7% growth in 2023","bullets":["Q3 revenue $111.4M (+15% YoY); GAAP net loss $(22.1)M (-$0.56/sh) vs $(28.7)M; Non-GAAP net income $12.3M ($0.27/sh).","Adjusted EBITDA $15.2M, up from $4.9M a year ago; cash flow from ops $18.0M vs $(2.7)M.","Board expanded 2022 Strategic Realignment; expects $30-33M cash spend, $14-15M restructuring charges, $17-19M transformation costs.","Plans to reduce workforce by ~200 employees; targets 2023 adj. EBITDA $85M, baseline revenue growth 6-7%.","Recorded highest number of contracts over $100K in Q3; total enterprise customers grew to 6,417."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-022892","json":"https://secwatch.observer/filing/0000950170-22-022892.json","markdown":"https://secwatch.observer/filing/0000950170-22-022892.md","text":"https://secwatch.observer/filing/0000950170-22-022892.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437352/000095017022022892/0000950170-22-022892-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437352/000095017022022892/evbg-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T03:16:42.464120+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6ed84032e33ca0a25ee436c08dc9786ad6556271","claim":"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,.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437352/000095017022022892/0000950170-22-022892-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third quarter ended September 30, 2022"},{"label":"Net income","value":"GAAP net loss was $(22.1) million, compared to $(28.7) million for the third quarter of 2021."},{"label":"EPS","value":"GAAP net loss per share was $(0.56), based on 39.7 million basic and diluted weighted average common shares outstanding,"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6ed84032e33ca0a25ee436c08dc9786ad6556271","claim":"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,.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437352/000095017022022892/0000950170-22-022892-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third quarter ended September 30, 2022"},{"label":"Net income","value":"GAAP net loss was $(22.1) million, compared to $(28.7) million for the third quarter of 2021."},{"label":"EPS","value":"GAAP net loss per share was $(0.56), based on 39.7 million basic and diluted weighted average common shares outstanding,"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"92669c0432d735743193f7c5facd828c4d5061f5","claim":"EVERBRIDGE, INC. announced a restructuring with charges of approximately $30 million to $33 million.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437352/000095017022022892/0000950170-22-022892-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $30 million to $33 million"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}