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Stock impact report

EverCommerce Announces First Quarter 2024 Financial Results [Yahoo! Finance]

EverCommerce Inc. (EVCM) 
Company Research Source: Yahoo! Finance
First Quarter Financial Highlights Revenue of $170.1 million, an increase of 5.6% compared to $161.1 million for the quarter ended March 31, 2023. Pro Forma Revenue , which excludes fitness, was $164.7 million, an increase of 5.7% compared to $155.8 million for the quarter ended March 31, 2023. Subscription and transaction fee Revenue of $134.7 million, an increase of 8.8% compared to $123.8 million for the quarter ended March 31, 2023. Net loss was $16.3 million, or $(0.09) per basic and diluted share, for the quarter ended March 31, 2024, compared to net loss of $20.8 million, or $(0.11) per basic and diluted share, for the quarter ended March 31, 2023. Adjusted EBITDA was $40.9 million for the quarter ended March 31, 2024, compared to $31.9 million for the quarter ended March 31, 2023. “EverCommerce reported strong financial and operating metrics in the first quarter of 2024, with both Revenue and Adjusted EBITDA exceeding the top end of our guidance range,” said Eric Re Show less Read more
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