Everbridge Q4 2023 Adj EPS $0.47 Misses $0.49 Estimate, Sales $115.76M Beat $114.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Everbridge reported Q4 2023 adjusted EPS of $0.47, missing the $0.49 estimate, but sales of $115.76M exceeded the $114.67M estimate. This represents a 1.17% decrease in sales compared to the same period last year.
February 26, 2024 | 9:05 pm
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NEUTRAL IMPACT
Everbridge's Q4 2023 earnings missed EPS estimates but beat sales forecasts, with a slight decrease in sales compared to last year.
The mixed results with an EPS miss and a sales beat could lead to a neutral short-term impact on Everbridge's stock price. The slight decrease in sales year-over-year indicates a potential concern but may be offset by the sales beat.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100