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Cvent (NASDAQ: CVT), a leader in meetings and events technology, will present at three key investor conferences in May and June 2022. CEO Reggie Aggarwal and CFO Billy Newman will feature at the Needham Technology and Media Conference on May 17, the J.P. Morgan Global Technology, Media and Communications Conference on May 23, and the William Blair Growth Stock Conference on June 7. Live webcasts will be available on Cvent's investor relations website, with archived replays following the events.
Cvent (Nasdaq: CVT) will announce its Q1 2022 financial results on May 9, 2022, after market close. A conference call and webcast is scheduled for 5:00 p.m. ET to discuss the results. Investors can access a replay of the call until May 16, 2022. Cvent, headquartered in Tysons, Virginia, is a leader in meetings, events, and hospitality technology, supporting over 21,000 customers globally. The event management platform enhances collaboration in organizing impactful events.
Cvent has launched the Cvent App Marketplace during its annual conference, Cvent CONNECT, to streamline technology integration for event professionals. The new platform aims to enhance event execution by providing a centralized hub for discovering SaaS solutions that integrate with the Cvent platform. Key partners include Salesforce, Uber for Business, and Google Analytics. This initiative is designed to improve the efficiency of event management by allowing seamless data flow across various applications, thereby delivering a unified operating experience.
Cvent has launched the Cvent Vendor Marketplace as part of its Cvent Supplier Network, providing a curated list of trusted vendors for in-person, virtual, and hybrid events. This marketplace allows event planners to easily search for vendors, send RFIs, and compare responses across categories including A/V, content design, event management, and more. In 2021, over $9 billion was sourced through Cvent's platform, enhancing efficiency and centralizing sourcing needs for event organizers.
Cvent (NASDAQ: CVT) has announced the appointment of Julie Iskow, President and COO of Workiva (NYSE: WK), to its board of directors, effective May 18, 2022. Iskow brings over two decades of experience in the SaaS sector, having led product development and global growth strategies. Her expertise is expected to enhance Cvent's operations and accelerate its growth, particularly in the evolving events landscape. Iskow will replace outgoing board member Sanju Bansal, whose term ends on the same date.
Cvent (NASDAQ: CVT) has partnered with KindWorks to refurbish and donate nearly 400 laptops, enhancing digital accessibility for underserved communities. This initiative, taking place on April 4, highlights Cvent's commitment to social responsibility by providing essential technology to students and families in need. The event will occur at Cvent’s headquarters in Tysons, VA, where volunteers will work to reconfigure the devices. This collaboration aims to address the ongoing digital divide, which affects many lower-income households.
Cvent Holding Corp. (CVT) reported a 25.3% year-over-year revenue growth to $144.7 million in Q4 2021, exceeding guidance. For FY 2021, total revenue reached $518.8 million, a 4.0% increase. Despite this, net loss widened to $(21.5) million in Q4 and $(86.1) million for the year. The company reaffirmed 2022 revenue guidance between $619.6 million and $625.6 million and increased adjusted EBITDA margin guidance to 16.9%. The customer base grew 20% year-over-year for those generating over $100,000 ARR, indicating strong market presence.
Cvent (Nasdaq: CVT) announced that its leadership, including CEO Reggie Aggarwal, CFO Billy Newman, and Co-Founder Chuck Ghoorah, will present at the Morgan Stanley Technology, Media and Telecom Conference.
Date: Tuesday, March 8, 2022
Time: 3:35 p.m. Pacific Time
Live webcast: investors.cvent.com.
The archived replay will also be available on the same site. Cvent is a prominent provider in meetings, events, and hospitality technology with over 21,000 customers globally.
Cvent (NASDAQ: CVT) has announced that Olympic athlete Allyson Felix will be a keynote speaker at their upcoming Cvent CONNECT conference, scheduled for April 11-14 in Las Vegas. This hybrid event will offer both in-person and virtual experiences, featuring over 100 breakout sessions aimed at enhancing attendee engagement and networking opportunities. Cvent aims to leverage Felix's experience and insights to promote inclusivity and impactful event experiences, reflecting the company's commitment to diversity and equity.
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