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Everbridge, Inc. (NASDAQ: EVBG) stands as a global leader in critical event management and enterprise safety applications. The company specializes in automating and expediting operational responses to critical incidents to ensure the safety of people and the continuity of business operations. With a robust SaaS-based platform, Everbridge aids in aggregating and assessing threat data, locating individuals at risk, coordinating responders, automating communication processes, and tracking the execution of response plans.
In times of public safety threats such as active shooter situations, terrorist attacks, or severe weather conditions, as well as critical business events including IT outages or cyber-attacks, over 3,400 customers worldwide depend on Everbridge's services. The platform has demonstrated its reliability by delivering over 1.5 billion messages in 2016 and reaching more than 200 countries and territories, ensuring secure communication across 100 different devices.
Everbridge caters to a diverse range of industries such as technology, energy, financial services, healthcare, manufacturing, media, retail, higher education, and professional services. The company's significant revenue is primarily generated from operations in the United States.
Recent achievements include strategic partnerships and innovative projects aimed at enhancing their critical event management capabilities. Everbridge continues to evolve its platform to meet the growing demands of enterprise safety and business continuity, reinforcing its position as a vital player in the industry.
Everbridge (NASDAQ: EVBG) has announced that Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, will be the special guest at its Spring 2021 COVID-19: Road to Recovery virtual summit on May 26-27. The event will focus on business resiliency and civic leadership in a post-pandemic world, featuring keynote addresses from Bill Clinton, Dr. Madeleine K. Albright, and industry leaders from companies like Moderna and Volkswagen.
Everbridge (NASDAQ: EVBG) announced a virtual leadership summit titled Spring 2021 COVID-19: Road to Recovery set for May 26-27, featuring a panel of corporate Chief Legal and Compliance Officers. Experts from Moderna, Nuance Communications, and Ardelyx will share insights on navigating legal and compliance challenges post-pandemic. Keynote speakers include Bill Clinton, Steve Forbes, and Dr. Madeleine Albright. The summit aims to discuss evolving legal strategies in response to crisis, emphasizing resilience in business operations.
Everbridge, Inc. (NASDAQ: EVBG) has achieved its 16th Authority To Operate (ATO) on the FedRAMP Marketplace, leading in authorizations among critical event management providers. This recognition from the Court Services and Offender Supervision Agency adds to their extensive federal agency support, which includes over 70 agencies. Everbridge's platform meets 325 FedRAMP Moderate baseline controls, emphasizing their commitment to security. Recent federal contracts include three years with the U.S. Army, further solidifying its market position in critical event management.
Everbridge (NASDAQ: EVBG) will host a virtual leadership summit, Spring 2021 COVID-19: Road to Recovery, on May 26-27, featuring insights from notable speakers, including Josh Harris, Co-Founder of Apollo Global Management. The event will focus on business resiliency and leadership in a post-pandemic world. Industry leaders from MLB, Arsenal Football Club, and Dutch Olympic Committee will also share their perspectives. This symposium aims to provide strategies for protecting people and assets while rebuilding and growing revenue streams.
Everbridge (NASDAQ: EVBG) reported a strong Q1 2021, with total revenue of $82.2 million, a 40% increase from the previous year. The company achieved a non-GAAP operating income of $2.3 million and a significant cash flow from operations of $19.8 million, demonstrating continued growth in its Critical Event Management SaaS platform. The successful acquisition of xMatters is expected to enhance their offerings. However, the GAAP net loss was $(21.8) million, with a projection of a GAAP net loss of $(44.4) million for Q2 2021.
Everbridge (NASDAQ: EVBG) has completed its acquisition of xMatters, a leader in IT Service Operations and Cybersecurity incident response management. This strategic move aims to enhance Everbridge's Critical Event Management (CEM) platform, allowing organizations to better manage IT and cyber incidents while protecting revenue and reducing costs. The acquisition is expected to improve operational resilience, aligning with industry trends that necessitate stronger organizational resilience by 2025, as highlighted by Gartner.
Everbridge (NASDAQ: EVBG) will host the Spring 2021 COVID-19: Road to Recovery (R2R) virtual summit on May 26-27. Keynote speakers include Dr. Judy Monroe, President of CDC Foundation, and Dr. Jay C. Butler, CDC Deputy Director for Infectious Diseases. They will discuss the current pandemic status, vaccine distribution, and future expectations as businesses start to recover from the crisis. This two-day event aims to provide insights on managing critical events and highlight key developments in public health.
Everbridge (NASDAQ: EVBG) announced Dr. Madeleine K. Albright as the keynote speaker for its upcoming Spring 2021 COVID-19: Road to Recovery virtual summit on May 26-27. The symposium aims to discuss government and business resiliency in a post-pandemic era. Notable speakers include Bill Clinton and industry leaders from major firms like Salesforce and Lululemon. This multi-year series provides a platform for exchanging best practices on protecting assets and enhancing business resilience against critical events. Registration details are available on Everbridge's website.
Everbridge (NASDAQ: EVBG) has announced the participation of three senior sports executives in its Spring 2021 COVID-19: Road to Recovery virtual summit on May 26-27. Keynote speakers include MLB Chief Operations Officer Chris Marinak, Arsenal FC's John Beattie, and Dutch Olympic Committee's Dimitri van Zantvliet Rozemeijer. The summit aims to discuss best practices for safely returning fans to sports and entertainment events using critical event management technology to enhance safety and revenue. Everbridge's platform is instrumental in managing critical events globally.
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