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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) is set to provide critical event updates for the 127th Boston Marathon, scheduled for April 17. This collaboration with the Boston Athletic Association marks the fifth partnership in six years, emphasizing safety for over 10,000 staff and volunteers involved in the event. Participants will receive timely notifications regarding race day logistics, medical support, and emergency communications through the Everbridge platform. The Boston Marathon features 30,000 runners and is a significant event for Everbridge, a Boston-based company.
David Wagner, CEO of Everbridge, expressed pride in contributing to the Marathon's operational safety, highlighting the platform's capabilities demonstrated in major gatherings like the International Summer Games and various parades. The collaboration reaffirms Everbridge's role in ensuring safety and effective communication during large-scale events.
Everbridge has successfully implemented its end-to-end Public Warning solution throughout the Republic of Mauritius, enhancing safety for nearly 3 million residents and visitors. The initiative, spearheaded by the National Disaster Risk Reduction & Management Centre (NDRRMC), equips local authorities with rapid communication tools during emergencies. Mauritius is prone to severe weather events, making this system crucial for timely alerts. Everbridge continues to lead in global public warning systems, having deployed solutions in various countries including Norway and Spain, and reaching over two billion individuals worldwide.
Everbridge, the leader in critical event management (CEM), celebrates its 20th anniversary and brand evolution while CEO David Wagner rings the opening bell at the Nasdaq on March 20. An independent Forrester study reveals that Everbridge's CEM platform delivers significant ROI, with a reported 358% return and notable cost savings for organizations. The study highlights benefits such as reduced business interruption losses and improved IT team efficiency. Everbridge's advanced solutions empower resilience for enterprises and government organizations, helping them mitigate risks and ensure operational continuity in an unpredictable world.
Everbridge (NASDAQ: EVBG) announced its participation in the Raymond James 2023 Institutional Investors Conference. The management will present during an in-person fireside chat on March 6, 2023, at 3:25 PM ET in
Ancora Holdings Group has issued a rebuttal against Luxor Capital Group, claiming that Luxor is conducting a "short and distort" campaign regarding the proposed combination of IAA, Inc. (NYSE: IAA) and Ritchie Bros. Auctioneers (NYSE: RBA). Ancora, which owns approximately 4% of IAA and 0.5% of RBA, emphasizes its support for the transaction, citing an amended proxy statement that discloses a Trade Incentive Agreement with a known short seller since December 2022. Ancora outlines five key reasons for voting in favor of the transaction, positioning it as transformative and value-adding for shareholders.
Everbridge (EVBG) announced robust fourth quarter and full-year 2022 financial results, reporting revenue of $117.1 million for Q4, a 14% increase year-over-year, and $431.9 million for the full year, up 17%. The company achieved a strong annual recurring revenue (ARR) growth and improved adjusted EBITDA. Despite a GAAP net loss of $61.2 million for the year, non-GAAP net income reached $30.9 million. The firm also announced guidance for 2023, targeting revenue growth of 6% to 7%. Recent customer growth included a record 52 new CEM clients and 80 high-value deals.
Everbridge, Inc. (NASDAQ: EVBG) has appointed John Di Leo as its new Chief Revenue Officer, effective immediately. Di Leo brings over 30 years of global sales leadership experience from high-growth SaaS companies. Prior to this role, he served as Chief Revenue Officer at Zix, where he doubled international annual recurring revenue. His extensive international experience is expected to support Everbridge's global expansion. The company also announced inducement awards of 100,000 restricted stock units and 100,000 performance stock units for Di Leo under the Everbridge 2022 Inducement Plan.
Everbridge has launched DigitalOps Insights, an AI-powered situational awareness tool designed for incident commanders. Integrated into Everbridge’s Digital Operations platform, this tool enhances visibility into IT service disruptions. It features over 350 integrations for monitoring service impacts, accelerated root cause analysis, and actionable insights to minimize downtime and improve response times. Industry analysts emphasize the importance of such tools in the evolving digital landscape. The platform aims to automate and streamline digital service delivery, vital for maintaining customer satisfaction and operational resilience.
Everbridge, Inc. (NASDAQ: EVBG) will announce its fourth quarter and full year 2022 financial results on February 22, 2023, before the market opens. A conference call will take place at 8:30 a.m. ET to discuss these results, with a recorded version available afterward. The company's Critical Event Management Platform supports over 6,400 customers in 76 countries, enabling swift response during critical events. Investors can access the live call and replay via a provided webcast link.
Everbridge (NASDAQ: EVBG), a leader in critical event management, announced their participation in the 25th Annual Needham Growth Conference scheduled for January 10, 2023 at 9:30 a.m. ET in New York, NY. The event will feature an in-person fireside chat with management. A live webcast and replay will be accessible on the company's investor relations website.
Everbridge supports over 6,400 customers across 76 countries, ensuring operational responses to critical events.
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