EverCommerce Q3 revenue $158.1M (+23% YoY); net loss $15.9M; raises buyback by $50M

EverCommerce Inc.

2022-Q3 EPS reported -$0.22 revenue$458,948,000

Revenue of $158.1M, up 23% YoY from $128.5M; pro forma growth ~13%.
Net loss $15.9M ($0.08 loss per share), improved from $36.9M loss ($0.20) YoY.
Adjusted EBITDA $30.2M, up 3.8% from $29.0M.
Share repurchase authorization increased by $50M to $100M, extended through Dec 31, 2023.
CEO cited macro headwinds hitting marketing services, causing Q3 miss; core SaaS/payments expected to stay strong.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EverCommerce Inc. reported the three months ended September 30, 2022 results: revenue $158.1 million, net income ($15.9 million, or ($0.08) per basic and diluted share), EPS ($0.08) per basic and diluted share.

Period: the three months ended September 30, 2022
Revenue: $158.1 million
Net income: ($15.9 million, or ($0.08) per basic and diluted share)
EPS: ($0.08) per basic and diluted share
Result: reported results

Exact text from the filing

EVCM), a leading service commerce platform, today announced financial results for the quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights • Revenue of $158.1 million, an increase of 23.0% compared to $128.5 million for the quarter ended September 30, 2021. • YoY Pro forma revenue growth rate of approximately 13% for the quarter ended

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Source: SEC EDGAR

accession 0001853145-22-000033

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