EverCommerce Full Year 2022 Earnings: EPS Misses Expectations

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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).
NasdaqGS:EVCM Earnings and Revenue Growth March 17th 2023

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.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for EverCommerce you should know about.

Valuation is complex, but we're here to simplify it.

Discover if EverCommerce might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.