secwatch.observer — SEC 8-K summary
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Issuer:     EverCommerce Inc. (EVCM)
CIK:        0001853145
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001853145-22-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853145/000185314522000033/0001853145-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853145/000185314522000033/evcm-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001853145-22-000033

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