Everbridge releases first quarter 2019 financial results

Published: Wednesday, 08 May 2019 08:32

Everbridge, Inc., has announced its financial results for the first quarter ended March 31st, 2019. Total revenue was $42.8 million, an increase of 40 percent compared to $30.5 million for the first quarter of 2018.

“We delivered a strong start to 2019 with results that were above our guidance ranges for both revenue and profitability, and generating 40 percent revenue growth,” said Jaime Ellertson, Chief Executive Officer and Chairman of Everbridge. “In the first quarter we saw continued momentum and expansion with our most strategic product suite – Critical Event Management – as well as significant wins across all our key solutions and geographies. We believe that with our industry-leading solutions to protect people and assets across organizations – from companies to entire countries – we are well-positioned to continue delivering strong growth as we further penetrate this multi-billion dollar market.”

Other highlights from the results included:

More details.