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Everbridge - EVBG STOCK NEWS

Welcome to our dedicated page for Everbridge news (Ticker: EVBG), a resource for investors and traders seeking the latest updates and insights on Everbridge stock.

Everbridge (EVBG) delivers critical event management solutions through its cloud-based platform, helping organizations manage emergencies and operational disruptions. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, financial announcements, and strategic initiatives shaping the company's trajectory in risk management technology.

Access official press releases, earnings reports, and partnership announcements in one centralized location. Track updates spanning product enhancements, leadership changes, and market expansions while staying informed about EVBG's role in advancing enterprise safety infrastructure. Our curated collection ensures transparent access to material developments without promotional bias.

Key content categories include quarterly financial results, cybersecurity solution updates, global expansion initiatives, and client case studies. All materials are sourced directly from verified corporate communications to maintain accuracy and compliance with financial disclosure standards.

Bookmark this page for efficient monitoring of EVBG's operational milestones and industry positioning. Combine these primary sources with broader market analysis to inform your understanding of the company's evolving role in critical incident response ecosystems.

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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.

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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.

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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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Everbridge, Inc. (Nasdaq: EVBG) continues its partnership with the Boston Athletic Association for the 128th Boston Marathon, providing critical event safety information to participants, staff, and volunteers. The Everbridge platform will deliver real-time notifications and updates to ensure a smooth and safe event experience.
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Everbridge, Inc. (EVBG) announced the approval of inducement awards for two new employees under the 2022 Inducement Plan. The awards consist of 175,000 restricted stock units and 115,000 performance stock units. David Rockvam, the new EVP and CFO, received 115,000 RSUs and 115,000 PSUs, while Ryan Allphin, the new SVP of Engineering and CTO, received 60,000 RSUs. The awards are subject to vesting conditions over four years.
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Everbridge, Inc. and Thoma Bravo have amended their merger agreement, with Thoma Bravo now offering $35.00 per share in cash, a $6.40 increase per share over the original price. This represents a 62% premium to Everbridge's 90-day volume-weighted average share price as of February 2, 2024.
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Everbridge, Inc. (EVBG) reported its Q4 and full year 2023 financial results, with a 1% revenue decline in Q4 and a 4% increase for the full year. The GAAP net loss for Q4 was $(19.3) million, compared to net income of $16.2 million in 2022. For the full year, revenue reached $448.8 million, with a GAAP net loss of $(47.3) million.
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Everbridge, Inc. (EVBG) cancels Q4 2023 financial results conference call due to pending acquisition by Thoma Bravo. Financial results to be released as scheduled.
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Everbridge, a global leader in critical event management, has entered into a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction valuing the company at approximately $1.5 billion. Shareholders will receive $28.60 per share in cash, representing a 32% premium to the 90-day volume-weighted average share price. The transaction aims to accelerate the company’s growth in the face of rising global uncertainty and increased prioritization of public safety and operational continuity.
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Everbridge, Inc. (Nasdaq: EVBG) will release its financial results for the fourth quarter and full year 2023 on February 26, 2024. A conference call and webcast will be held to review and discuss the results. The company is a global leader in critical event management and national public warning solutions.
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Nasdaq:EVBG

EVBG Rankings

EVBG Stock Data

1.46B
40.69M
1.46%
90.92%
3.61%
Software - Application
Services-prepackaged Software
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United States
BURLINGTON