Everbridge Q2 Adj. EPS $0.31 Beats $0.27 Estimate, Sales $110.60M Miss $110.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Everbridge reported Q2 earnings of $0.31 per share, beating the analyst consensus estimate of $0.27 by 14.81%. However, the company's quarterly sales of $110.60 million missed the analyst consensus estimate of $110.76 million by 0.14%. This represents a 933.33% increase in earnings and a 7.39% increase in sales compared to the same period last year.
August 08, 2023 | 11:04 am
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Everbridge's Q2 earnings beat estimates but sales missed, indicating mixed financial performance.
Everbridge's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These two factors could offset each other, leading to a neutral short-term impact on the stock.
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