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.
Everbridge (NASDAQ: EVBG), a leader in critical event management, announced its participation in two upcoming investor conferences. The Stifel 2022 Cross Sector Insight Conference is set for June 8, 2022, at 1:50 PM ET in Boston, while the 42nd Annual William Blair Growth Stock Conference is scheduled for June 9, 2022, at 8:00 AM CT in Chicago. Live webcasts of the events will be accessible on the company's investor relations website. Everbridge's platform supports over 6,200 customers globally, enhancing their response to critical events.
Approximately 49% of stockholders withheld support for Chairman Jaime Ellertson during the 2022 Annual Meeting. Ancora Holdings Group, a significant stockholder of Everbridge (EVBG), urges Ellertson and directors Richard D’Amore and Bruns Grayson to resign due to perceived underperformance. The statement highlights a strong sentiment among stockholders for boardroom change and suggests that a sale of the company could yield over
Everbridge, Inc. (NASDAQ: EVBG) announced that shareholders have re-elected all director nominees at the 2022 Annual Meeting. Seven out of eight directors, including Chair Jaime Ellertson, received majority support. Additionally, shareholders approved the advisory vote on executive compensation and ratified the independent auditors for the fiscal year ending December 31, 2022. The Board emphasized its commitment to enhancing value and engaging with shareholders, promising to execute operational initiatives aimed at sustainable growth and improved profitability.
Everbridge, a leader in critical event management, will present at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 23, 2022, at 2:30 p.m. ET in Boston, Massachusetts. The event features a fireside chat format, providing insights into the company's strategies in addressing public safety threats and business interruptions. A live webcast and replay will be available on the company's investor relations website.
Everbridge has been selected by the Indian State of Maharashtra to deploy its Incident Response Solutions, aiming to enhance disaster preparedness for 150 million residents and tourists. This marks the seventh statewide deployment in India, reflecting Everbridge's leadership in Public Safety and Crisis Preparedness across APAC, EMEA, and the Americas. The system will streamline disaster management through a collaborative platform involving various agencies. Governor Bhagat Singh Koshyari emphasized the goal of achieving Zero Death via this initiative.
Everbridge, Inc. (NASDAQ: EVBG) reported a strong first quarter of 2022 with total revenue rising 22% year-over-year to $100.4 million. However, the company faced a GAAP operating loss of $(19.2 million), slightly worsening from last year's $(18.2 million). Despite challenges, adjusted EBITDA reached $2.6 million, showing a decline from $5.3 million a year prior. The number of enterprise customers grew to 6,224, and the firm announced a strategic realignment program expected to save $13 million to $18 million annually.
Everbridge, Inc. (NASDAQ: EVBG) has received a recommendation from Glass Lewis to vote "FOR" all its director nominees amidst proxy firm ISS rejecting demands to withhold votes from select directors. The company urges shareholders to support its board, citing strategic initiatives aimed at enhancing long-term value, including a new CEO search. Everbridge emphasizes the successful integration of past acquisitions and board diversity, with 50% of senior executives coming from diverse backgrounds. The company encourages shareholders to vote to maintain a qualified board for stability and operational success.
Institutional Shareholder Services Inc. (ISS) has advised Everbridge stockholders to WITHHOLD support for Chairman Jaime Ellertson and Governance Committee Chair Bruns Grayson due to concerns over the board's accountability and oversight failures. ISS's report highlighted significant value destruction at EVBG, citing a lack of succession planning and insufficient focus on management's performance. Ancora Holdings, a major stockholder, is also urging a review of strategic alternatives, believing the current share price is undervalued at over $70.
Ancora Holdings Group, a significant shareholder of Everbridge (NASDAQ: EVBG), announced its intention to withhold support for Chairman Jaime Ellertson and three other Board members at the upcoming Annual Meeting. The firm criticized their track record of poor capital allocation, low shareholder returns, and alarming conflicts of interest. Ancora argues that a sale of Everbridge could yield over $70 per share, a significant premium compared to current prices. They emphasize the need for accountability among these directors for the company's declining stock performance.
Everbridge, Inc. (NASDAQ: EVBG) announced its enterprise IT and cyber resilience solution, xMatters, has been named a Leader and sole Outperformer in the 2022 GigaOm Radar Report for Incident and Task Management Solutions. The report praises xMatters for its advanced features, high customization, and native runbook automation. Everbridge's Digital Operations Platform enables organizations to enhance operational resilience, streamline incident management, and support digital transformation efforts. The recognition underscores Everbridge's commitment to delivering value to customers.
