Recap: Everbridge Q4 Earnings
Portfolio Pulse from Benzinga Insights
Everbridge (NASDAQ:EVBG) reported Q4 earnings with an EPS of $0.47, missing estimates by -4.0% against an expected $0.49. Revenue decreased by $1.37 million compared to the same period last year. Despite beating EPS estimates in the previous quarter leading to a 4.0% share price increase, this quarter's miss could impact investor sentiment.
February 26, 2024 | 9:10 pm
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Everbridge reported a Q4 EPS of $0.47, missing estimates by 4.0%, with a revenue decrease of $1.37M from last year. This performance contrasts with last quarter's beat and subsequent share price increase.
Everbridge's Q4 earnings miss and revenue decline are likely to negatively impact investor sentiment, especially considering the positive reaction to last quarter's earnings beat. Historical performance suggests that earnings reports significantly influence Everbridge's stock price, making this miss particularly relevant.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100