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EverCommerce's Q1 Net Loss Narrows, Revenue Rises; Issues Q2 Revenue Outlook
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EverCommerce's Q1 Net Loss Narrows, Revenue Rises; Issues Q2 Revenue Outlook
May 10, 2024 1:25 AM

03:47 AM EDT, 05/10/2024 (MT Newswires) -- EverCommerce ( EVCM ) reported a Q1 net loss late Thursday of $0.09 per diluted share, narrowing from a $0.11 loss a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.06.

Revenue for the quarter ended March 31 was $170.1 million, up from $161.1 million a year earlier.

Analysts polled by Capital IQ expected $163.5 million.

The company expects Q2 revenue to be in the range of $169.5 million to $173.5 million. Analysts surveyed by Capital IQ expect $170.6 million.

For full-year 2024, EverCommerce ( EVCM ) continues to expect revenue to come in between $676 million and $696 million. Analysts surveyed by Capital IQ expect $687.8 million.

Price: 10.00, Change: +0.31, Percent Change: +3.20

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