MARKET COMPOSITE
EVBG - Everbridge Inc4:06:06 PM 4/26/2024
Price
$34.88
-0.02 (-0.04%)
Everbridge is a company that sells communications services for notifications of emergencies. It began operations in 2002. In an emergency, Everbridge sends messages via telephone, text message and email, but stop once they know that a person has read a message. An app allows emergency managers to track geotagged tweets that contain specific hashtags and use this information to respond to incidents as they occur. Their system was used in 2012 to send over 10 million messages to residents during Hurricane Sandy. During the Boston Marathon bombings in April 2013, the city of Boston used Everbridge for its critical communications. Everbridge relayed information to business operators, employees, firefighters, hospital staff, police and residents after the explosions and during the lockdown of Boston, Watertown, Waltham and surrounding areas. It was also used during the COVID-19 pandemic to provide updates to Boston residents.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue115.8MM+1%
Gross Profit82.4MM+2%
Cost Of Revenue33.3MM+1%
Operating Income-17.8MM+40%
Operating Expenses100.2MM+7%
Net Income-19.3MM-1246%
R&D22MM-8%
G&A39.9MM+28%
Marketing37.5MM+2%
Amortization8.9MM-1%
Interest Expense538K-26%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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    BURLINGTON, Mass., March 07, 2024--Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced that the Compensation Committee of the Board of Directors of the Company approved inducement awards under Nasdaq Listing Rule 5635(c)(4) consisting of 175,000 restricted stock units ("RSUs") and 115,000 performance stock units ("PSUs") to two new employees, pursuant to the Everbridge, Inc. 2022 Inducement Plan. Awards of 1

    Shares of critical event management software company Everbridge (NASDAQ:EVBG) jumped 25.6% in the pre-market session after the company announced a significant increase in the acquisition deal with private equity firm Thoma Bravo. Everbridge's shareholders are set to receive $35.00 per share in cash, marking a $6.40 per share increase over the previous acquisition price. This represents a 62% premium to Everbridge's 90-day volume-weighted average share price, as of February 2, 2024, the day befor

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