EverCommerce Q1 revenue $170.1M (+5.6% YoY); adjusted EBITDA beats guidance

EverCommerce Inc.

2024-Q1 EPS reported -$0.09 revenue$170,113,000

Revenue $170.1M, +5.6% YoY; subscription/transaction fee revenue $134.7M, +8.8%.
Net loss narrowed to $16.3M ($0.09 loss per share) from $20.8M ($0.11 loss) YoY.
Adjusted EBITDA $40.9M, up 28% from $31.9M; both revenue and EBITDA above guidance.
Pro forma revenue (ex-fitness) $164.7M, +5.7% YoY.

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