- United States
EverCommerce Full Year 2022 Earnings: EPS Misses Expectations
EverCommerce (NASDAQ:EVCM) Full Year 2022 Results
Key Financial Results
- Revenue: US$620.7m (up 27% from FY 2021).
- Net loss: US$59.8m (loss narrowed by 38% from FY 2021).
- US$0.31 loss per share (improved from US$0.82 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EverCommerce EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 26% from a week ago.
What about risks? Every company has them, and we've spotted 1 warning sign for EverCommerce you should know about.
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EverCommerce Inc., together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally.
Good value with mediocre balance sheet.