Everbridge Stock Price, News & Analysis

Everbridge has successfully implemented its end-to-end Public Warning solution throughout the Republic of Mauritius, enhancing safety for nearly 3 million residents and visitors. The initiative, spearheaded by the National Disaster Risk Reduction & Management Centre (NDRRMC), equips local authorities with rapid communication tools during emergencies. Mauritius is prone to severe weather events, making this system crucial for timely alerts. Everbridge continues to lead in global public warning systems, having deployed solutions in various countries including Norway and Spain, and reaching over two billion individuals worldwide.

Everbridge, the leader in critical event management (CEM), celebrates its 20th anniversary and brand evolution while CEO David Wagner rings the opening bell at the Nasdaq on March 20. An independent Forrester study reveals that Everbridge's CEM platform delivers significant ROI, with a reported 358% return and notable cost savings for organizations. The study highlights benefits such as reduced business interruption losses and improved IT team efficiency. Everbridge's advanced solutions empower resilience for enterprises and government organizations, helping them mitigate risks and ensure operational continuity in an unpredictable world.

Everbridge (NASDAQ: EVBG) announced its participation in the Raymond James 2023 Institutional Investors Conference. The management will present during an in-person fireside chat on March 6, 2023, at 3:25 PM ET in Orlando, FL. Everbridge is recognized as a leader in critical event management and public warning solutions, providing services that assist organizations in responding to various threats, from natural disasters to IT outages. The presentation will be available via a live webcast on their investor relations website.

Ancora Holdings Group has issued a rebuttal against Luxor Capital Group, claiming that Luxor is conducting a "short and distort" campaign regarding the proposed combination of IAA, Inc. (NYSE: IAA) and Ritchie Bros. Auctioneers (NYSE: RBA). Ancora, which owns approximately 4% of IAA and 0.5% of RBA, emphasizes its support for the transaction, citing an amended proxy statement that discloses a Trade Incentive Agreement with a known short seller since December 2022. Ancora outlines five key reasons for voting in favor of the transaction, positioning it as transformative and value-adding for shareholders.

Everbridge (EVBG) announced robust fourth quarter and full-year 2022 financial results, reporting revenue of $117.1 million for Q4, a 14% increase year-over-year, and $431.9 million for the full year, up 17%. The company achieved a strong annual recurring revenue (ARR) growth and improved adjusted EBITDA. Despite a GAAP net loss of $61.2 million for the year, non-GAAP net income reached $30.9 million. The firm also announced guidance for 2023, targeting revenue growth of 6% to 7%. Recent customer growth included a record 52 new CEM clients and 80 high-value deals.

Everbridge, Inc. (NASDAQ: EVBG) has appointed John Di Leo as its new Chief Revenue Officer, effective immediately. Di Leo brings over 30 years of global sales leadership experience from high-growth SaaS companies. Prior to this role, he served as Chief Revenue Officer at Zix, where he doubled international annual recurring revenue. His extensive international experience is expected to support Everbridge's global expansion. The company also announced inducement awards of 100,000 restricted stock units and 100,000 performance stock units for Di Leo under the Everbridge 2022 Inducement Plan.

Everbridge has launched DigitalOps Insights, an AI-powered situational awareness tool designed for incident commanders. Integrated into Everbridge’s Digital Operations platform, this tool enhances visibility into IT service disruptions. It features over 350 integrations for monitoring service impacts, accelerated root cause analysis, and actionable insights to minimize downtime and improve response times. Industry analysts emphasize the importance of such tools in the evolving digital landscape. The platform aims to automate and streamline digital service delivery, vital for maintaining customer satisfaction and operational resilience.

Everbridge, Inc. (NASDAQ: EVBG) will announce its fourth quarter and full year 2022 financial results on February 22, 2023, before the market opens. A conference call will take place at 8:30 a.m. ET to discuss these results, with a recorded version available afterward. The company's Critical Event Management Platform supports over 6,400 customers in 76 countries, enabling swift response during critical events. Investors can access the live call and replay via a provided webcast link.

Everbridge (NASDAQ: EVBG), a leader in critical event management, announced their participation in the 25th Annual Needham Growth Conference scheduled for January 10, 2023 at 9:30 a.m. ET in New York, NY. The event will feature an in-person fireside chat with management. A live webcast and replay will be accessible on the company's investor relations website.

Everbridge supports over 6,400 customers across 76 countries, ensuring operational responses to critical events.