Everbridge Sees Q3 Adj. EPS $0.42-$0.43 vs $0.43 Est., Revenue $113.5M-$114 vs $117.52M Est.
Portfolio Pulse from Benzinga Newsdesk
Everbridge has projected its Q3 adjusted EPS to be between $0.42-$0.43, which is in line with the estimated $0.43. However, the company's revenue forecast of $113.5M-$114M falls short of the estimated $117.52M.
August 08, 2023 | 11:05 am
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NEGATIVE IMPACT
Everbridge's Q3 earnings per share projection aligns with estimates, but its revenue forecast is lower than expected.
Everbridge's revenue forecast is lower than the estimated $117.52M, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100