financetom
Business
financetom
/
Business
/
EverCommerce Q4 Loss Widens, Revenue Rises; Q1, 2024 Revenue Outlook Set; Shares Drop After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EverCommerce Q4 Loss Widens, Revenue Rises; Q1, 2024 Revenue Outlook Set; Shares Drop After Hours
Mar 14, 2024 2:05 PM

04:28 PM EDT, 03/14/2024 (MT Newswires) -- EverCommerce ( EVCM ) reported a Q4 loss late Thursday of $0.12 per diluted share, widening from the loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.02.

Revenue in the quarter ended Dec. 31 rose to $169.4 million from $161.8 million a year earlier.

Analysts surveyed by Capital IQ expected $172.4 million.

The company expects Q1 revenue of $160.5 million to $163.5 million. Analysts polled by Capital IQ expect $173.6 million.

The company projects 2024 revenue of $676 million to $696 million. Analysts surveyed by Capital IQ expect $731.9 million.

Shares of EverCommerce ( EVCM ) fell 3.2% in after-hours activity.

Price: 9.05, Change: -0.3, Percent Change: -3.21

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Charles Schwab Client Assets Rise 16% in April From Year Earlier
Charles Schwab Client Assets Rise 16% in April From Year Earlier
May 14, 2024
09:28 AM EDT, 05/14/2024 (MT Newswires) -- Charles Schwab ( SCHW ) said Tuesday that its total client assets reached $8.85 trillion in April, up 16% from a year earlier, and down 3% from a month earlier. Core net new assets brought to the company by new and existing clients were $1 billion last month, the company said. Transactional sweep...
Loar Holdings Swings to Q1 Net Income, Sales Rise
Loar Holdings Swings to Q1 Net Income, Sales Rise
May 14, 2024
09:27 AM EDT, 05/14/2024 (MT Newswires) -- Loar Holdings ( LOAR ) reported Q1 net income Tuesday of $2.2 million, swinging from a net loss of $7.5 million a year earlier. Analysts' estimates were not available for comparison. Net sales for the quarter ended March 31 were $91.8 million, up from $74.2 million a year earlier. For fiscal 2024, the...
Amazon's cloud unit CEO to step down, firm says
Amazon's cloud unit CEO to step down, firm says
May 14, 2024
May 14 (Reuters) - The chief executive of Amazon.com's ( AMZN ) cloud unit Amazon Web Services, Adam Selipsky, is stepping down, the company said on Tuesday. ...
Procter & Gamble to Focus on Promoting Brands at Olympics, Paralympics
Procter & Gamble to Focus on Promoting Brands at Olympics, Paralympics
May 14, 2024
09:22 AM EDT, 05/14/2024 (MT Newswires) -- Procter & Gamble ( PG ) said Tuesday it will promote its top-performing household and personal care brands during the Olympic and Paralympic Games Paris 2024. The company said more than 30 P&G brands will be featured in marketing and in-store campaigns, partnerships with athletes, and complimentary products and services in the Athletes'...
Copyright 2023-2025 - www.financetom.com All Rights Reserved