earnings
confidence high
sentiment neutral
materiality 0.70
EverCommerce Q4 revenue up 19.3% to $161.8M; net loss widens to $17.8M
EverCommerce Inc.
- Q4 revenue $161.8M (+19.3% YoY); pro forma revenue growth 14.2%.
- Q4 net loss $17.8M ($0.09 per share) vs $4.7M loss in prior year.
- Q4 Adjusted EBITDA $35.2M, up from $29.3M, exceeding guidance.
- Full year 2022 pro forma revenue growth 16%, above prior guidance.
- CEO cites cost management driving margin expansion despite macro headwinds.