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.
EngageSmart Inc (ESMT) operates in the vertical SaaS space, providing digital engagement solutions to industries including healthcare, utilities, and financial services. News coverage for EngageSmart typically centers on the company's business unit performance, customer acquisition across its target verticals, and developments in the broader SaaS and customer engagement software market.
As a multi-industry SaaS provider, EngageSmart news often reflects trends in its key sectors. Healthcare-related announcements may cover patient engagement technology adoption, while utilities news might address billing and payment modernization initiatives. Financial services developments frequently involve digital transformation trends affecting customer communication workflows.
Investors tracking EngageSmart monitor earnings releases for metrics like annual recurring revenue, customer retention rates, and growth across individual business units. The company's performance provides insight into SaaS market dynamics, particularly in vertical software segments where specialized solutions compete against horizontal platforms.
Bookmark this page to follow EngageSmart's business developments, earnings announcements, and market activity. Coverage includes SEC filings, analyst commentary, and industry news relevant to the customer engagement software sector.
EngageSmart, Inc. (NYSE: ESMT), a leader in customer engagement software and integrated payments, will announce its first-quarter 2023 financial results on May 4, 2023. The results will be accessible before markets open, followed by a conference call at 8:30 a.m. ET. Interested participants can join via dial-in, with dedicated numbers for domestic and international callers. EngageSmart serves approximately 99,300 customers in the SMB Solutions segment and around 3,300 in the Enterprise Solutions segment, focusing on areas including Health & Wellness, Government, Utilities, Financial Services, Healthcare, and Giving. The company aims to enhance client engagement through its Software-as-a-Service offerings.
EmPRO Insurance Company reported a remarkable 211% increase in electronic payment adoption during its first year using InvoiceCloud’s integrated solution. Following its implementation in
InvoiceCloud, a solution from EngageSmart (NYSE: ESMT), will participate in the exclusive Oracle Energy and Water Customer Edge Conference in San Diego from March 12-14, 2023. The company is one of six selected for the Innovation Showcase, highlighting advancements in energy and water technology. InvoiceCloud has significantly improved customer service, exemplified by the City of Escondido, which reported a 69% decrease in service calls and $23k savings in its first nine months. These results underscore the effectiveness of InvoiceCloud’s digital solutions.
EngageSmart (NYSE: ESMT) has completed a public offering of 8,000,000 shares of its common stock at a price of $19.00 per share. This offering was executed by selling stockholders including affiliates of General Atlantic and Summit Partners. Notably, EngageSmart did not participate in the sale and will not receive any proceeds from the offering. The underwriters for this offering included notable firms like Goldman Sachs and J.P. Morgan. This transaction is part of an automatic shelf registration statement with the SEC and is designed to enhance the liquidity of stockholders' investments.
