FMP
Mar 16, 2023 9:50 PM - Davit Kirakosyan
EverCommerce Inc. (NASDAQ:EVCM) shares jumped nearly 20% on Thursday after the company released its Q4 earnings, with revenue of $161.8 million coming in better than the Street estimate of $157.9 million. EPS was ($0.09), compared to the Street estimate of $0.05.
The revenue beat was because the demand environment has started to normalize though still remains a headwind, particularly to the company's Marketing business. Subscription revenue growth along with management commentary suggests the overall health of the company's SMB customer base remains fine, particularly within EverPro and EverHealth, highlighting the mission-critical nature of Evercommerce's core business solutions.
Management expects Q1/23 revenue in the range of $157-$160 million, compared to the Street estimate of $160.4 million. For the full year, the company expects revenue in the range of $680-$700 million, compared to the Street estimate of $689.5 million.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...