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home / news releases / RNG - Everbridge: Wall Street Is Impressed I'm Not So


RNG - Everbridge: Wall Street Is Impressed I'm Not So

(Source)

Starting this month, Everbridge (EVBG) reported its financial results for Q3 2019, propelling its stock price almost 20% between the after-hours of Nov 4 and the closing bell of Nov 5, in a context of uncertainty and bearish sentiment around SaaS and other growth stocks, which seems to get better.

Revenues and EPS beat expectations, with $52.55 million and -$0.39 per share, respectively. Analyst estimates were $51.47 million for revenues and -$0.42 for EPS. The revenue growth was 35%, the same as that of the previous quarter.

The fact that

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Stock Information

Company Name: Ringcentral Inc. Class A
Stock Symbol: RNG
Market: NYSE
Website: ringcentral.com

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