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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) 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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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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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