The Toronto Zoo, Canada's largest zoo, has chosen Everbridge's Mass Notification solution to enhance safety for its 1,000+ staff and 1.3 million annual visitors. Everbridge's system enables swift multi-channel communication, including SMS, email, desktop alerts, and voice messages, during emergencies. The Zoo, home to 3,000 animals across 280 species on 500 acres, includes multiple pavilions and indoor facilities. Everbridge supports over 6,500 organizations globally, helping manage critical events and improve enterprise resilience.
Everbridge (Nasdaq: EVBG) has appointed Pamela Larson as Chief Security Officer for North America. Larson brings over 20 years of experience in corporate security and operational resilience, previously serving in senior roles at Twilio and Wells Fargo Bank. At Everbridge, she will collaborate closely with North American enterprises on security strategies, risk assessments, and compliance. Reporting to Global Chief Security Officer Tracy Reinhold, Larson's expertise is expected to enhance Everbridge's security measures. Reinhold, who has a 22-year tenure with the FBI, praised Larson for her strategic foresight and operational agility.
Larson's background includes roles at Bank of the West where she managed security programs for over 550 locations. She holds a Master of Public Administration in Criminal Justice from The University of Colorado, Denver. Larson expressed her commitment to leveraging technology to improve security and operational resilience.
Everbridge, Inc. (Nasdaq: EVBG) reported a 3% year-over-year revenue increase to $111.4 million for the first quarter of 2024, with a GAAP net loss of $(20.1) million. Subscription services revenue increased by 7% to $105.3 million, while professional services revenue decreased by 36% to $6.1 million. The company's non-GAAP operating income was $8.2 million, with an adjusted EBITDA of $13.7 million. Cash flow from operations was $2.1 million, and annualized recurring revenue (ARR) stood at $416 million.
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