EverCommerce Q3 2023 revenue up 10.5% to $174.7M; Adjusted EBITDA beats guidance at $41.8M

EverCommerce Inc.

2023-Q3 EPS reported -$0.12 revenue$505,929,000

Revenue of $174.7M, +10.5% YoY; subscription and transaction fee revenue $132.6M, also +10.5%.
Net loss narrowed to $0.6M ($0.00 per share) from $15.9M loss ($0.08 per share) in Q3 2022.
Adjusted EBITDA of $41.8M, +38.6% YoY, with 485 bps margin expansion; exceeded top-end of guidance.
Management noted modest macroeconomic pressure in transactional areas but overall performance within target range.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EverCommerce Inc. reported financial results for the quarter ended September 30, 2023.

Period: the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 6, 2023 , EverCommerce Inc. (the “Company”) issued a press release announcing financial results for the three months ended September 30, 2023 and other matters described in the press release.

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Source: SEC EDGAR

accession 0001853145-23-000030

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