Welcome to our dedicated page for Evercommerce news (Ticker: EVCM), a resource for investors and traders seeking the latest updates and insights on Evercommerce stock.
EverCommerce Inc (NASDAQ: EVCM) provides essential SaaS solutions for service-based SMBs through its integrated service commerce platform. This news hub offers investors and business professionals timely updates on strategic developments, financial milestones, and operational advancements shaping the company's growth in home services, health services, and fitness & wellness markets.
Access authoritative coverage of EVCM's earnings reports, acquisition activity, product innovations, and leadership updates. Our curated news collection enables stakeholders to track the company's progress in unifying vertical SaaS solutions while maintaining compliance with financial disclosure standards.
Key updates include quarterly financial results, partnership announcements, technology enhancements, and market expansion initiatives. Regular monitoring of these developments provides insights into EverCommerce's position within the competitive service commerce landscape and its execution of strategic priorities.
Bookmark this page for streamlined access to verified EVCM updates. Combine our news tracking with your due diligence process to stay informed about the company's initiatives in automating SMB operations through integrated digital solutions.
EverCommerce Inc. (NASDAQ: EVCM) announced its first quarter 2024 financial results, reporting $170.1 million in revenue, a 5.6% increase from the previous year. The company's pro forma revenue, excluding fitness, was $164.7 million, up 5.7%. Subscription and transaction fee revenue reached $134.7 million, a rise of 8.8%. However, EverCommerce reported a net loss of $16.3 million for the quarter. Adjusted EBITDA was $40.9 million, a significant improvement from the previous year. The company's CEO highlighted the positive financial and operating metrics, exceeding guidance expectations, and discussed future growth strategies.
EverCommerce Inc. shared the results of a survey revealing that 74% of service-based small business owners are not familiar with National Small Business Week, presenting an opportunity for increased education and growth. The survey highlights the positive impact of the week on customer engagement, with personal service and convenient access to products being key benefits. Referrals and social media are the top sales drivers for service-based small businesses. EverCommerce provides tools to automate processes, generate new business, and enhance customer loyalty, helping SMB owners run their businesses efficiently.
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