EverCommerce Q2 Sales $170.05M Miss $170.16M Estimate
Portfolio Pulse from totan@benzinga.com
EverCommerce (NASDAQ:EVCM) reported Q2 sales of $170.05 million, missing the analyst consensus estimate of $170.16 million by 0.06 percent. However, this represents an 8.14 percent increase over sales of $157.25 million in the same period last year.
August 07, 2023 | 8:06 pm
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EverCommerce's Q2 sales slightly missed estimates but showed a YoY increase. This mixed result may lead to uncertain short-term price movements.
EverCommerce's Q2 sales missed the analyst consensus estimate slightly, which could negatively impact the stock price. However, the YoY sales growth could be seen as a positive sign, potentially offsetting the negative impact. Therefore, the short-term price direction is uncertain.
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IMPORTANCE 75
RELEVANCE 100