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EngageSmart, Inc. - $ESMT STOCK NEWS

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.

Rhea-AI Summary
EngageSmart Inc. (NYSE: ESMT) wins Gold for Female Executive of the Year, Achievement in Finance, and Bronze for Achievement in Promoting Work-Life Balance at the 20th annual Stevie Awards for Women in Business. The company's CFO, Cassandra Hudson, was honored alongside the recognition of the company's commitment to work-life balance and financial excellence.
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0.35%
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Rhea-AI Summary
EngageSmart, Inc. (NYSE: ESMT) has achieved a remarkable 269% revenue growth, crediting it to dedicated customer support and streamlined technology. The company has been ranked 452 on the Deloitte Technology Fast 500™, showcasing its rapid expansion in the North American market. EngageSmart's CEO attributes this growth to their commitment to customer success and innovative SaaS software solutions, designed to simplify engagement and improve customer satisfaction across various industries.
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-0.09%
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Rhea-AI Summary
EngageSmart, Inc. reported strong financial results for the third quarter of 2023, with revenue of $97.7 million, up 24% YoY. The company also achieved net income of $11.5 million and adjusted EBITDA of $18.8 million. EngageSmart has entered into a definitive agreement to be acquired by Vista Equity Partners for approximately $4.0 billion.
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-0.09%
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Rhea-AI Summary
InvoiceCloud and Oracle Energy and Water have announced a new integrated solution to enhance the utility payment experience for joint customers. The integration provides real-time data exchange and coordinated client support, allowing customers to choose how, when, and where they pay their bills. The partnership aims to drive digital adoption and increase customer satisfaction.
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-0.13%
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EngageSmart, a leading provider of customer engagement software, is set to be acquired by an affiliate of Vista Equity Partners in an all-cash transaction valued at $4.0 billion. EngageSmart stockholders will receive $23.00 per share in cash, representing a premium of approximately 23% to the unaffected closing price of the company's common stock. The transaction is expected to close in the first quarter of 2024.
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11.88%
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EngageSmart Named a 2023 Top Workplaces in Culture Excellence for Employee Well-Being and Development
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1.25%
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InvoiceCloud, a solution for online bill payment services, has been named to PropertyCasualty360’s Insurance Luminaries Class of 2023 for Technology Innovation.
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3.56%
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SimplePractice releases 2023 State of Therapist Well-Being Report, revealing 52% of practitioners experienced burnout this year. Administrative tasks, compassion fatigue, low pay, high caseloads, and work-life balance contribute to burnout. Burnout leads to cynicism, reduced caseloads, and potential attrition. Burnout also affects the quality of care therapists can provide. SimplePractice launches campaign to combat therapist burnout.
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3.56%
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EngageSmart Inc. wins multiple Stevie Awards for Great Employers
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-0.61%
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EngageSmart (ESMT) executives to participate in Goldman Sachs Communacopia & Technology Conference on September 6, 2023.
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End-of-Day
1.85%
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conferences
EngageSmart, Inc.

NYSE:ESMT

ESMT Rankings

ESMT Stock Data

3.88B
44.69M
4.63%
93.65%
1.04%
Software Publishers
Information
Link
United States
Braintree

About ESMT

at engagesmart, we are experts in simplifying engagement. through our business units we operate across multiple industries, delivering digital engagement solutions that transform customer interactions into loyalty building opportunities. we do this through a commitment to a set of shared beliefs across all our business units; all engagesmart companies believe in the power of saas platforms to accelerate innovation. we focus this innovation on continuously simplifying complex processes and technology challenges, providing measurable benefits for both the service provider (our clients) and their customers. we combine great technology with deep industry expertise to deliver solutions purpose built for the industries we serve. engagesmart people and clients succeed and grow.