2023-08-08 07:19:34 ET
- Everbridge press release ( NASDAQ: EVBG ): Q2 Non-GAAP EPS of $0.31 beats by $0.04 .
- Revenue of $110.6M (+7.4% Y/Y) beats by $0.4M .
- Adjusted EBITDA was $18.3 million, compared to $4.8 million in the second quarter of 2022.
- Cash flow from operations was an inflow of $5.4 million, compared to an outflow of $(9.9) million for the second quarter of 2022.
- Adjusted Free Cash Flow was an inflow of $1.6 million for the second quarter of 2023.
- Everbridge is issuing guidance for the third quarter and full year 2023 as indicated below: Third Quarter 2023, revenue of $113.5M-$114.0M vs. consensus of $116.98M; Non-GAAP net income per share of $0.42-$0.43 vs. consensus of $0.43; Adjusted EBITDA of $23M-$23.5M.
- For Full year, revenue of $450M-$452M vs. consensus of $458.82M; Non-GAAP net income per share of $1.48-$1.52 vs. consensus of $1.49; Adjusted EBITDA of $84M-$86M.
For further details see:
Everbridge beats Q2 top and bottom line estimates; initiates Q32 and narrows FY23 revenue outlook