CVT - Cvent Holding  GAAP EPS of -$0.04 in-line revenue of $161.3M beats by $2.85M

• Cvent Holding press release ( NASDAQ: CVT ): Q3 GAAP EPS of -$0.04 in-line.
• Revenue of $161.3M (+20.3% Y/Y) beats by $2.85M .
• Fourth Quarter 2022 Guidance Revenue for the fourth quarter of 2022 is expected to be in the range of $169.3 million to $170.3 million, vs $169.29M Consensus representing 17.4% year-over-year growth at the mid-point.
• Adjusted EBITDA for the fourth quarter of 2022 is expected to be in the range of $38.5 million to $39.8 million, or 23.1% of revenue at the mid-point.

• Full Year 2022 Revenue for the full year 2022 is expected to be in the range of $628.9 million to $629.9 million, vs $625.92M Consensus representing 21.3% year-over-year growth at the mid-point and a $2.8 million increase over the mid-point of our previously provided guidance.

• Adjusted EBITDA for the full year 2022 is expected to be in the range of $108.4 million to $109.7 million, or 17.3% of revenue at the mid-point. This represents a $1.9 million increase over the mid-point of our previously provided Adjusted EBITDA guidance for the year and a 20-basis point increase over the mid-point of our previously provided Adjusted EBITDA margin guidance.

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