Everbridge, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 01:46 am IST
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Everbridge, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 102.99 million compared to USD 86.65 million a year ago. Net loss was USD 36.18 million compared to USD 33.82 million a year ago. Basic loss per share from continuing operations was USD 0.91 compared to USD 0.89 a year ago. Diluted loss per share from continuing operations was USD 0.91 compared to USD 0.89 a year ago.
For the six months, sales was USD 203.36 million compared to USD 168.86 million a year ago. Net loss was USD 55.26 million compared to USD 55.61 million a year ago. Basic loss per share from continuing operations was USD 1.4 compared to USD 1.49 a year ago. Diluted loss per share from continuing operations was USD 1.4 compared to USD 1.49 a year ago.
Everbridge, Inc. is a global software company. The Company leverages intelligent automation technology to enable customers to anticipate, mitigate, respond to, and recover from critical events to keep people safe and organizations running. Its software as a service (SaaS)-based platform enables its customers to manage and mitigate critical events. Its enterprise applications, such as Mass Notification, Safety Connection, IT Alerting, Risk Intelligence, Public Warning, Community Engagement, Crisis Management, CareConverge, Control Center, Travel Protector, SnapComms and E911, automate numerous critical event management (CEM) processes. Its solutions enable organizations to automate and deliver intelligent, contextual messages to, and receive verification of delivery from, hundreds of millions of recipients, across multiple communications modalities. It has operations in the United States, United Kingdom, Norway, China, Netherlands, Canada, New Zealand, France, India and other countries.