Everbridge Q1 2024: Revenue $111.4M (+3% YoY), GAAP EPS -$0.49, non-GAAP EPS $0.18

EVERBRIDGE, INC.

2024-Q1 EPS reported -$0.49 revenue$111,429,000

Revenue $111.4M (+3% YoY); subscription $105.3M (+7%), professional services $6.1M (-36%).
GAAP net loss $(20.1)M ($0.49 loss per share) vs $(14.6)M loss in Q1 2023.
Non-GAAP net income $8.0M ($0.18 per share) vs $10.8M ($0.25) in Q1 2023.
Adjusted EBITDA $13.7M (down from $15.9M); operating cash flow $2.1M vs $20.6M YoY.
ARR $416M, added 26 CEM customers; 37 deals over $100k, 6 over $500k.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

EVERBRIDGE, INC. reported first quarter ended March 31, 2024 results: revenue $111.4 million, net income $(20.1) million, EPS $(0.49).

Period: first quarter ended March 31, 2024
Revenue: $111.4 million
Net income: $(20.1) million
EPS: $(0.49)
Result: reported results

Exact text from the filing

Revenue for the first quarter was up 3% year-over-year to $111.4 million, and GAAP net loss was $(20.1) million, compared to $(14.6) million for the first quarter of 2023.

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Source: SEC EDGAR

accession 0000950170-24-056939

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