secwatch.observer — SEC 8-K summary
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Issuer:     EverCommerce Inc. (EVCM)
CIK:        0001853145
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001853145-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EverCommerce Q1 revenue $161.1M (+12.2% YoY), Adj EBITDA $31.9M beat guidance
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- Revenue of $161.1M, up 12.2% vs $143.6M in Q1 2022.
- Net loss of $20.8M ($0.11/sh) vs net loss of $13.3M ($0.07/sh) year ago.
- Adjusted EBITDA of $31.9M, up 39% YoY from $23.0M; exceeded top end of guidance.
- Software and Transaction revenue grew approximately 15% year-over-year.
- CEO cites significant cost discipline and meaningful margin expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853145/000185314523000016/0001853145-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853145/000185314523000016/evcm-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001853145-23-000016

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