EverCommerce Q2 revenue $170.1M (+8.1% YoY); Adj EBITDA $38.8M beats guidance

EverCommerce Inc.

2023-Q2 EPS reported -$0.11 revenue$331,188,000

Revenue of $170.1M, up 8.1% YoY; subscription/transaction fee revenue $130.3M, up 12.7%.
Net loss improved to $0.9M ($0.00/share) from $12.9M loss a year ago.
Adjusted EBITDA $38.8M, up 26.2% YoY; margin expanded 325 bps.
CEO stated Adjusted EBITDA well above top end of guidance range, revenue at midpoint.

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