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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.

Introduction

Everbridge (EVBG) stands at the forefront of critical event management and emergency response, providing a robust SaaS-based platform that automates and accelerates organizational responses during crises. The company specializes in integrated solutions that gather, assess, and communicate threat information in real time, ensuring that both public safety events and business-critical incidents are managed efficiently. By leveraging advanced communication technologies and data analytics, Everbridge has built a platform that plays a central role in maintaining operational resilience and safeguarding lives.

Core Operations and Service Model

At its core, Everbridge offers a cloud-based platform designed to manage and mitigate the impact of emergencies. The service aggregates threat data from a variety of sources, processes it through sophisticated algorithms, and immediately transmits alerts to connected stakeholders. This results in rapid identification of risks and mobilization of responders. The platform is designed to support both public safety threats such as natural disasters and terror-related incidents, as well as internal operational disruptions like IT outages or cyber-attacks. Its automated workflows help organizations execute pre-defined communication protocols with precision, reducing response times and minimizing potential harm.

Technological Innovation and Security

The technological backbone of Everbridge is anchored in secure, reliable cloud computing. The platform integrates with over a hundred different communication devices across numerous territories, ensuring global reach and adaptability. Advanced encryption and multi-factor authentication keep all data secure during transmission, which is paramount in managing sensitive crisis information. In addition, the system's scalability enables it to handle an extensive volume of alert messages, making it a dependable solution for organizations operating on a large scale.

Market Relevance and Competitive Landscape

Operating within the high-stakes industry of emergency and crisis management, Everbridge has positioned itself as a crucial operational tool for a diverse array of organizations. Its customer base spans various sectors including public safety agencies, large enterprises, and critical infrastructure providers. By offering a comprehensive suite of communication and incident management tools, Everbridge distinguishes itself through its ability to integrate real-time data aggregation with automated response execution. This dual capability differentiates the company from more traditional communication service providers and underscores its specialization in crisis management. Everbridge competes in a market that demands both reliability and rapid response, and its broad geographical coverage further enhances its appeal to organizations worldwide.

Operational Resilience and Risk Management

Everbridge is committed to minimizing the impact of disruptive events on business operations. The company’s platform is designed to support timely decision-making through automated alerts and real-time status tracking, ensuring that organizations can maintain continuity even in the midst of a crisis. By enabling the tracking of response progress and the execution of contingency plans, clients are better equipped to address potential risks before they escalate. This integrated approach to risk management enhances organizational readiness and resilience, underpinning the platform's value proposition in the marketplace.

Industry Integration and Customer-Centric Approach

The platform is versatile, catering to a broad spectrum of industry demands, from public safety and risk management to IT disruptions. Everbridge’s integration capability means that it can work seamlessly with existing enterprise systems, ensuring that companies are not forced to overhaul their infrastructures in order to deploy effective crisis management solutions. The company places significant emphasis on user experience, ensuring that the interface is intuitive and that the communication protocols are clear and actionable. Furthermore, ongoing support and customizable solutions ensure that the platform can be adapted to meet the unique needs of each client, enhancing its overall effectiveness in emergency scenarios.

Value Proposition and Strategic Positioning

Everbridge provides organizations with an essential tool to address the ever-present risks associated with operational disruptions. The company’s focus on automating the communication process ensures that alerts are not only distributed quickly but also tracked and analyzed, which is crucial for learning from past events and improving future responses. By offering a turnkey solution that integrates data, communication, and incident management, Everbridge has become a trusted partner for organizations looking to enhance their risk management frameworks.

Summary and Industry Impact

In summary, Everbridge (EVBG) has established a significant presence in the critical event management arena by merging state-of-the-art technology with a deep understanding of emergency response needs. The company’s SaaS-based approach, which emphasizes secure, scalable, and automated communication, underscores its commitment to operational excellence. Its comprehensive platform not only anticipates potential crises but also facilitates effective, real-time communication across a global network. The detailed integration of data analytics, automated workflows, and resilient communication strategies positions Everbridge as a pivotal solution in enhancing both public safety and business continuity. Through its relentless focus on integration and usability, Everbridge remains an indispensable tool in a world where rapid, reliable response can make the difference between chaos and control.

  • Automation of Communication: Everbridge utilizes automated workflows to ensure timely and effective emergency communications.
  • Global Reach: With its platform capable of operating in over 200 countries and territories, Everbridge delivers wide-reaching safety solutions.
  • Industry-Specific Adaptability: The platform is designed to cater to the specific needs of various sectors, enhancing operational resilience in diverse environments.
  • Secure Data Management: Robust security protocols ensure that sensitive information is transmitted securely across multiple devices and networks.
  • Integrated Risk Management: The system not only alerts organizations to potential threats but also tracks the response process, providing valuable data for future crisis mitigation.

This detailed overview reflects Everbridge's commitment to ensuring that organizations are equipped to handle emergencies efficiently. By combining deep industry insights with advanced technological solutions, Everbridge continues to support the safety and operational integrity of its clients across the globe.

Rhea-AI Summary

Everbridge (NASDAQ: EVBG) reported strong financial results for Q2 2021, with revenue reaching $86.6 million, a 33% increase from Q2 2020. Despite exceeding revenue guidance, the company recorded a GAAP net loss of $(33.8) million and an operating loss of $(27.4) million. Non-GAAP net income was $1.5 million. The firm also reported an increase in enterprise customers to 5,890. Looking ahead, Everbridge raised its annual guidance, projecting Q3 revenue between $94.1 and $94.5 million and full-year revenue of $362.8 to $363.8 million.

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Everbridge (NASDAQ:EVBG) has announced a collaboration with The Associated Press (AP) to integrate AP's global news reports into its Critical Event Management (CEM) platform. This partnership aims to enhance risk data contextualization for clients, improving responses to critical events. By combining AP’s thorough journalism with Everbridge's data sources and machine learning capabilities, organizations can achieve better situational awareness. Everbridge's platform is used by numerous Fortune 1000 companies to manage risks effectively.

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Everbridge (NASDAQ: EVBG) has launched a customized data-driven Situational Awareness and Risk Intelligence reporting service to support the International Games in Tokyo. This service aims to enhance the safety of traveling workers and attendees, as well as secure business operations near the event. Operating from July 23 to August 8 and August 24 to September 5, the service covers disruptions related to weather, traffic, COVID-19, and other local threats. The platform underscores Everbridge's commitment to providing critical event management solutions during major international events.

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Everbridge, Inc. (NASDAQ: EVBG) has launched the first-ever Critical Event Management (CEM) Certification™ Program to evaluate enterprise resilience across organizations. This program, derived from 20 years of experience and thousands of projects globally, allows businesses to benchmark their resilience preparedness. Notably, Discover, Goldman Sachs, NBCUniversal, Dow, and Alexion have received the Best in Enterprise Resilience™ designation. The certification aims to enhance operational efficiency, brand reputation, and employee safety, with measurable benefits for certified organizations.

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Everbridge, Inc. (NASDAQ: EVBG) has launched Everbridge 911 Connect, a next-generation 911 solution aimed at enhancing emergency dispatch in the U.S. in partnership with RapidSOS. This innovation improves location accuracy and caller identification for wireless 911 calls, utilizing a life safety database encompassing over 250 million contacts. The solution assists first responders by collecting vital information from residents during emergencies. With over 80% of 911 calls originating from mobile devices, this development aims to improve response times, ultimately saving lives, as federal regulations suggest that every second counts.

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Everbridge (NASDAQ: EVBG) announces that Fortinet, a cybersecurity leader, will implement its Critical Event Management (CEM) solution to enhance business resilience. Fortinet's CFO emphasized the value of Everbridge's solution in achieving growth objectives. Everbridge's end-to-end CEM platform supports various use cases, safeguarding revenue while reducing costs. With over 5,700 global clients, including Fortune 1000 companies, Everbridge aims to maintain its market leadership within the critical communications sector.

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Everbridge, Inc. (NASDAQ: EVBG) has been selected by Estonia to implement a nationwide Public Warning solution aimed at enhancing emergency alert systems for its 1.3 million residents and 3.2 million annual tourists. The system will utilize Everbridge's multi-channel platform, which includes cell broadcast and location-based SMS alerts, complying with the European Electronic Communications Code. This deployment strengthens Everbridge's leadership in public warning solutions, supporting numerous countries globally, and exemplifies Estonia's commitment to digital innovation and safety in emergencies.

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Everbridge (NASDAQ: EVBG) announced it will release its second quarter 2021 financial results on August 9, 2021, after market close. A conference call is scheduled for 4:30 p.m. ET to discuss these results. The webcast will be available for replay after the call, accessible via their investor relations website.

Everbridge specializes in critical event management, providing a platform for organizations to respond to emergencies and operational disruptions. They have over 5,700 global customers, highlighting their significant reach in public safety and enterprise software.

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Everbridge (NASDAQ: EVBG) announced the successful deployment of its Public Warning Cell Broadcast technology with three major UK mobile network operators. This implementation supports the UK Government’s first nationwide emergency alert system, aimed at reaching over 100 million residents and visitors during emergencies such as natural disasters and terror attacks. The system allows quick alerts to mobile phones in affected areas, significantly enhancing public safety communications. Everbridge's technology has been proven effective in prior UK trials, demonstrating its leadership in critical event management.

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Everbridge (NASDAQ: EVBG) announced a strategic partnership with Tech Data, enhancing its Critical Event Management (CEM) services. The collaboration aims to automate responses to critical events such as cyber-attacks and severe weather. This partnership offers Tech Data's channel partners access to Everbridge's comprehensive solutions, including Mass Notification, Safety Connection, and Risk Center.

Everbridge’s platform supports over 5,700 customers globally, utilizing machine learning and extensive risk data to keep organizations operational during crises.

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FAQ

What is the current stock price of Everbridge (EVBG)?

The current stock price of Everbridge (EVBG) is $35 as of February 7, 2025.

What is the market cap of Everbridge (EVBG)?

The market cap of Everbridge (EVBG) is approximately 1.5B.

What is the primary focus of Everbridge?

Everbridge specializes in critical event management and enterprise safety, providing a SaaS-based platform that automates emergency communications and incident management.

How does Everbridge ensure organizational safety during crises?

The platform aggregates threat data from diverse sources, automates the execution of pre-defined communication protocols, and tracks response efforts to ensure quick and effective safety measures.

Who are the typical customers of Everbridge?

Everbridge serves a wide array of organizations, including public safety agencies, large enterprises, and entities managing critical infrastructure, all of which require robust crisis management solutions.

What differentiates Everbridge from other communication platforms?

Everbridge combines sophisticated data aggregation, secure messaging, and automated response workflows, which together enhance its capacity to manage emergencies more comprehensively compared to general communication tools.

How does the SaaS model support Everbridge's service delivery?

The SaaS model allows Everbridge to offer scalable, cloud-based solutions that can be rapidly deployed and updated, ensuring continuous, reliable service across global operations.

Can Everbridge's platform integrate with existing enterprise systems?

Yes, the platform is designed for seamless integration with existing systems, enabling organizations to enhance their current risk management and communication frameworks without significant structural changes.

How does Everbridge address global operational risks?

By providing a platform capable of secure, automated communication across multiple devices and regions, Everbridge enables organizations to manage global threats and maintain continuity during emergencies.

What role does technology play in Everbridge's offerings?

Technology is central to Everbridge's service, from secure cloud computing and advanced data analytics to automated workflows and multi-device integration, ensuring efficient and robust crisis management.
Everbridge

Nasdaq:EVBG

EVBG Rankings

EVBG Stock Data

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