EverCommerce Inc. - EVCM STOCK NEWS

On October 12, 2021, ASF Payment Solutions and Club OS were chosen by World Gym International as designated suppliers for club management and CRM software across their North American operations. This partnership aims to enhance operational efficiency for franchisees, providing an integrated solution for member management, billing, and marketing automation. ASF's technology will enable World Gym to optimize its customer engagement strategies and drive revenue growth through data analytics. The collaboration is part of EverCommerce's EverWell solutions suite, supporting over 46,000 fitness and wellness businesses.

DynaScape, a software solution under EverCommerce (Nasdaq:EVCM), has partnered with LandscapeHub to enhance their offerings for landscaping companies. This integration will sync LandscapeHub’s marketplace with DynaScape’s Manage360, allowing users real-time access to costs and suppliers. The partnership aims to streamline the estimating, ordering, and job management processes, ultimately improving efficiency and accuracy for landscape industry professionals.

EverCommerce (Nasdaq: EVCM) has launched EverConnect, a performance marketing platform designed to connect service providers with local consumers. This initiative consolidates three existing businesses: Keyword Connects, 33 Mile Radius, and Remodeling.com, offering a unified toolset for lead generation. EverConnect features three new products: EverConnect Live for exclusive leads, EverConnect Direct for tailored campaigns, and EverConnect Marketplace for self-service lead acquisition. The platform aims to streamline marketing efforts and enhance customer experience for service-based businesses.

EverCommerce, a leading service commerce platform, announced multiple presentations at key investor conferences. The Deutsche Bank Technology Conference will occur on September 9, 2021, at 11:10 a.m. ET. The Piper Sandler Global Technology Conference will feature accessible presentations from September 9-21, 2021. Additionally, the Jefferies Virtual Software Conference is scheduled for September 15, 2021, at 1:30 p.m. ET. Investors can access live webcasts and materials on EverCommerce’s investor relations website. The firm specializes in providing SaaS solutions to over 500,000 service-based businesses across various sectors.

EverCommerce, Inc. (NASDAQ: EVCM) announced the launch of a four-part webinar series by ASF Payment Solutions titled "Making the Most of Your Fitness Tech Strategy" starting on Sept. 14. The webinars aim to assist fitness business owners in optimizing their technology investments with sessions focusing on important aspects like Mindset, User Experience, New Economics, and Execution Engines. Each one-hour session will provide insights to enhance decision-making and ensure the strategic deployment of tech in fitness operations.

ClubWise, a solution from EverCommerce (NASDAQ: EVCM), is launching a free virtual Fitness Business Bootcamp starting on August 16, 2021. This six-week program is designed to aid gym owners by providing networking opportunities and educational sessions focused on key areas for fitness club success, including member onboarding and utilizing technology to enhance the club experience. ClubWise supports over 1,000 fitness clubs across the U.S., U.K., Ireland, and Australia, offering services that improve member engagement and club management.

EverCommerce (NASDAQ: EVCM) reported a remarkable 53% revenue growth for Q2 2021, totaling $121.1 million, compared to $79.3 million in Q2 2020. Despite a net loss of $24.3 million ($0.56 per share), adjusted EBITDA improved to $27.6 million. The company raised $303.9 million from its IPO, selling 19.1 million shares at $17 each. With cash reserves of $202.6 million, EverCommerce aims to leverage its position in the underpenetrated service SMB market through acquisitions, including Timely and MDTech, while expecting future revenues between $471 million and $474 million for 2021.

EverCommerce, Inc. (NASDAQ:EVCM) will release its second quarter fiscal year 2021 financial results on August 9, 2021, after market close. The company will hold a conference call at 5:00 p.m. Eastern Time on the same day to discuss these results, along with financial guidance and business updates. EverCommerce serves over 500,000 service-based businesses with SaaS solutions across Home Services, Health Services, and Fitness & Wellness, facilitating growth and operational efficiency.

EverCommerce (Nasdaq: EVCM) has acquired Medical Design Technologies (MDTech), a provider of mobile charge capture solutions. This acquisition, which integrates MDTech into EverHealth's suite, aims to enhance efficiency in healthcare operations, particularly for small- to medium-sized practices. Founded in 2015, MDTech focuses on reducing claim denials and increasing revenues through innovative solutions. Although the financial terms remain undisclosed, the acquisition is expected to bolster EverCommerce's offerings, serving over 72,000 customers and enhancing patient engagement.