Everbridge: Q2 Earnings Snapshot

Associated Press Finance
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BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — Everbridge Inc. (EVBG) on Tuesday reported a loss of $15.1 million in its second quarter.

The Burlington, Massachusetts-based company said it had a loss of 37 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.

The software developer posted revenue of $110.6 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $110.1 million.

For the current quarter ending in September, Everbridge expects its per-share earnings to range from 42 cents to 43 cents.

The company said it expects revenue in the range of $113.5 million to $114 million for the fiscal third quarter.

Everbridge expects full-year earnings in the range of $1.48 to $1.52 per share, with revenue ranging from $450 million to $452 million.

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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

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