Investing.com - Everbridge (NASDAQ:EVBG) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Everbridge announced earnings per share of $0.27 on revenue of $111.4M. Analysts polled by Investing.com anticipated EPS of $0.16 on revenue of $110.75M.
Everbridge shares are down 35% from the beginning of the year, still down 83.80% from its 52 week high of $164.00 set on November 9, 2021.
Everbridge shares gained 6.24% in intra-day trade following the report.
Everbridge follows other major Information Technology sector earnings this month
Everbridge's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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