FMP
Mar 16, 2023 9:50 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
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.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...