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Engagesmart Inc Stock Price, News & Analysis

ESMT NYSE

Welcome to our dedicated page for Engagesmart news (Ticker: ESMT), a resource for investors and traders seeking the latest updates and insights on Engagesmart stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Engagesmart's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Engagesmart's position in the market.

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-8.61%
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EngageSmart announced its ranking as No. 314 on the Deloitte Technology Fast 500, highlighting a remarkable 393% revenue growth from 2017 to 2020. The company attributes this success to its customer-centered approach and dedicated workforce. EngageSmart provides tailored customer engagement software and integrated payments solutions across various sectors, serving over 74,000 customers in SMB Solutions and 3,000 in Enterprise Solutions. This recognition underscores EngageSmart's commitment to enhancing digital adoption and simplifying client engagement.

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-3.46%
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EngageSmart, Inc. (NYSE: ESMT) reported a 42% increase in revenue for Q3 2021, totaling $55.5 million, primarily driven by a 64% surge in SMB revenue to $28.2 million. The company attributes this growth to its customer engagement software and integrated payments, with a 40% rise in total customer counts. Despite the positive revenue growth, EngageSmart experienced a net loss of $8.3 million, up from $0.5 million the previous year. Adjusted EBITDA was $8.7 million with a margin of 15.6%. The company forecasts 44%-46% revenue growth for the full year.

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EngageSmart (NYSE: ESMT) announced participation in the upcoming Citi Annual FinTech Conference with CEO Bob Bennett and CFO Cassandra Hudson scheduled for November 15, 2021, at 10:30am ET. This engagement highlights the company's commitment to investor relations and offers insights into its tailored customer engagement software and integrated payments solutions. EngageSmart continues to innovate in sectors such as Health, Government, and Financial Services, serving over 74,000 SMB and 3,000 Enterprise customers.

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-0.76%
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EngageSmart (NYSE: ESMT) will release its third quarter 2021 financial results on November 10, 2021, post-market close. A conference call to discuss these results will be held at 5:00 p.m. ET the same day, available via webcast on the investor relations website. EngageSmart specializes in customer engagement software and integrated payments solutions, serving over 68,000 customers in SMB and 3,000 in Enterprise across various sectors, including Health and Government.

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3.16%
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EngageSmart, a provider of customer engagement software, has priced its initial public offering at $26.00 per share, offering 14,550,000 shares, with 13,000,000 from the company and 1,550,000 from existing stockholders. The offering includes an underwriters' option for an additional 2,182,500 shares. Trading on the New York Stock Exchange is set to begin on September 23, 2021, with the offering closing on September 27, 2021. The company will not receive proceeds from the sale of shares by selling stockholders.

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