secwatch.observer — SEC 8-K summary
======================================

Issuer:     EVERBRIDGE, INC. (—)
CIK:        0001437352
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-056939
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437352/000095017024056939/0000950170-24-056939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437352/000095017024056939/evbg-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-056939

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer