U.S. Markets closed
  • S&P Futures

    3,655.00
    +31.75 (+0.88%)
     
  • Dow Futures

    29,874.00
    +245.00 (+0.83%)
     
  • Nasdaq Futures

    12,383.75
    +106.75 (+0.87%)
     
  • Russell 2000 Futures

    1,841.00
    +20.90 (+1.15%)
     
  • Crude Oil

    44.93
    -0.41 (-0.90%)
     
  • Gold

    1,786.00
    +5.10 (+0.29%)
     
  • Silver

    22.92
    +0.32 (+1.43%)
     
  • EUR/USD

    1.1962
    +0.0027 (+0.23%)
     
  • 10-Yr Bond

    0.8440
    +0.0020 (+0.24%)
     
  • Vix

    20.57
    -0.27 (-1.30%)
     
  • GBP/USD

    1.3359
    +0.0027 (+0.21%)
     
  • USD/JPY

    104.4100
    +0.0860 (+0.08%)
     
  • BTC-USD

    19,561.75
    +51.87 (+0.27%)
     
  • CMC Crypto 200

    383.91
    +19.31 (+5.30%)
     
  • FTSE 100

    6,266.19
    -101.39 (-1.59%)
     
  • Nikkei 225

    26,824.46
    +390.84 (+1.48%)
     

Everbridge: 3Q Earnings Snapshot

·1 min read

BURLINGTON, Mass. (AP) _ Everbridge Inc. (EVBG) on Thursday reported a loss of $24.2 million in its third quarter.

The Burlington, Massachusetts-based company said it had a loss of 70 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 5 cents per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The software developer posted revenue of $71.3 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $68.5 million.

For the current quarter ending in December, Everbridge expects its per-share earnings to range from 1 cent to 3 cents.

The company said it expects revenue in the range of $72.3 million to $72.7 million for the fiscal fourth quarter.

Everbridge expects full-year results to range from a loss of 3 cents per share to a loss of 1 cent per share, with revenue ranging from $267.8 million to $268.2 million.

Everbridge shares have risen 51% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $117.98, a climb of 47% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVBG at https://www.zacks.com/ap/EVBG