EverCommerce Q1 revenue $143.6M, up 36.9%; beats guidance, raises FY2022 outlook

EverCommerce Inc.

2022-Q2 EPS reported -$0.07 revenue$143,576,000

Revenue $143.6M (+36.9% YoY), above guidance of $140M-$141M; net loss $13.3M vs $16.0M YoY.
Adjusted EBITDA $23.0M, above guidance of $21.5M-$22.0M; increased 7.8% YoY.
Management raised full-year 2022 revenue and Adjusted EBITDA guidance, citing strong demand.
Pro forma revenue growth 20.2% for Q1; digitization opportunity cited as key growth driver.

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