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) is described as a service commerce platform and a provider of vertically tailored, integrated SaaS solutions for service-based small- and medium-sized businesses. The EVCM news page on Stock Titan aggregates company announcements, press releases, and other coverage so readers can follow how EverCommerce communicates its strategy and performance over time.
News about EverCommerce frequently includes quarterly financial results, which the company furnishes in press releases and related Form 8-K filings. These updates typically discuss revenue from continuing operations, subscription and transaction fees revenue, net income or loss from continuing operations, and Adjusted EBITDA, along with commentary on cost optimization efforts and transformation initiatives.
Investors can also find capital markets and balance sheet updates, such as announcements about share repurchase authorizations and activity and changes to the company’s credit facilities. For example, EverCommerce has reported repricing and extending the maturities of its term loan and revolving credit facilities through amendments to its credit agreement.
Strategic and operational developments are another recurring theme in EVCM news. The company has announced the acquisition of ZyraTalk, an AI-powered customer engagement solution, describing it as a way to expand and accelerate AI capabilities across its SaaS solutions. EverCommerce has also disclosed the sale of its Marketing Technology solutions, collectively known as EverConnect, to Ignite Visibility as part of its transformation and optimization program.
In addition, EverCommerce issues releases about investor conference participation, earnings call schedules, and events within its verticals, such as activities in the EverPro division for home and field services. Readers who follow EVCM news can track how the company describes its progress in Home, Health, and Wellness service industries, its use of AI, and its financial and capital allocation decisions.
EverCommerce Inc. (EVCM) reported strong financial results for Q1 2022, with revenue of $143.6 million, surpassing prior guidance of $140-$141 million, and a 36.9% increase from $104.9 million YoY. The net loss narrowed to $13.3 million or ($0.07) per share compared to a net loss of $16 million in Q1 2021. Adjusted EBITDA rose to $23 million, exceeding guidance. The company raised its financial outlook for the full year, projecting revenue of $623-$629 million and Adjusted EBITDA between $122.5-$124.5 million.
EverCommerce, Inc. (NASDAQ:EVCM) will release its Q1 2022 financial results on May 9, 2022, following market close. A conference call is scheduled for the same day at 3:00 PM MT to discuss these results and provide a business update. The call can be accessed at (877) 313-2140 (domestic) or (470) 495-9545 (international), with a live webcast available on the company's Investor Relations page.
EverCommerce offers tailored SaaS solutions for over 600,000 service-based businesses in Home, Health, and Fitness & Wellness sectors.
Swell announces integration with Briostack, enhancing customer experience for pest control professionals. This collaboration allows automated messaging for scheduled appointments and encourages Google reviews post-service. Customized texts can maximize open rates, streamlining business communication. Briostack users will benefit from a centralized inbox and chat functionality for better coordination. Executives from both companies emphasize their commitment to improving local business growth and online reputation.
EverCommerce Inc. (EVCM) announced robust financial results for Q4 and the year ending December 31, 2021. Revenue reached $135.6 million, exceeding guidance of $129.5-$131 million and showing a 47% increase year-over-year. However, the company reported a net loss of $82.0 million for 2021, compared to $60.0 million in 2020. Adjusted EBITDA was $29.3 million with a margin of 21.6%. For 2022, the company forecasts revenue between $619-$625 million and adjusted EBITDA of $122-$124 million.
EverCommerce Inc. (NASDAQ: EVCM) announced preliminary financial expectations for Q4 2021, projecting revenue and Adjusted EBITDA to exceed previous guidance of $129.5 – 131 million and $27 – 28 million, respectively. This update comes as management participates in two investor conferences. The full financial results for Q4 and fiscal year 2021 will be reported on March 14, 2022. EverCommerce provides integrated SaaS solutions for over 600,000 service-based businesses across various industries, aiming to enhance their operational efficiency and customer retention.
EverCommerce (NASDAQ: EVCM), a prominent service commerce platform, will participate in two key investor conferences. CEO Eric Remer is scheduled to present at the JMP Securities Technology Conference on March 7, 2022, at 12:00 p.m. PST, and alongside CFO Marc Thompson at the Raymond James Institutional Investors Conference on March 9, 2022, at 8:05 a.m. EST. Both presentations will be webcast live, with materials accessible on EverCommerce's investor relations website before the presentations. A replay will be available following each event.
Acorn Finance has partnered with Joist, an EverPro solution, to embed financing offers into Joist's mobile estimating and invoicing platform. This collaboration aims to help home improvement contractors increase sales by providing competitive financing options at no cost. Acorn Finance's network includes 12 lenders, resulting in an 800% increase in loan applications in 2021. The partnership is expected to empower Joist users by simplifying the financing process for homeowners, enhancing business efficiency, and expanding customer choice.
EverCommerce (NASDAQ:EVCM) is set to release its fourth quarter and fiscal year 2021 financial results on March 14, 2022, following the U.S. market close. A conference call hosted by management will take place on the same day at 3:00 p.m. MT / 5:00 p.m. ET to discuss these results. EverCommerce is a global service commerce platform supporting over 600,000 service-based businesses with tailored SaaS solutions across the Home, Health, and Fitness & Wellness sectors. Investors can access the call via phone or through a live webcast.
EverCommerce (NASDAQ: EVCM) increased its global customer base by over 20% in 2021, surpassing 600,000 customers, highlighting strong demand for digital transformation in the service economy. The company also reported a 20% growth in annualized Total Payment Volume (TPV). With 77% of U.S. GDP from service businesses and only 9% utilizing software solutions, EverCommerce aims to enhance customer experience and operational efficiency for small and medium businesses (SMBs). CEO Eric Remer expects continued growth in this sector as digitization accelerates.
EverCommerce Inc. (NASDAQ: EVCM) announced that CEO Eric Remer and CFO Marc Thompson will present at two investor conferences in December 2021. The first is the Raymond James Technology Investors Conference on December 7 at 10:30 a.m. EST, followed by the Barclays Global Technology, Media and Telecommunications Conference on December 8 at 1:15 p.m. EST. Interested investors can access live webcasts through the Investor Relations section of EverCommerce's website.
EverCommerce is a service commerce platform that empowers over 500,000 global businesses with integrated SaaS solutions.