Excellent breakdown of Everbridge.
In November Q3 revenues were announced +43% with customers +29%, 4,267 vs 3,303
Finding this post I noticed price closed today at virtually same level as 8/23. Am trying to figure out what I’m missing. Revenues are accelerating while customer count steadily grows.
CaptainCCS posted this recently. https://discussion.fool.com/everbridge-evbg-outside-the-box-3410…
During the 3Q call they announced the following which opens up huge market:
Received a Provisional Authorization ¶ for Impact Level 2 from the U.S. Defense Information Systems Agency (DISA), the IT combat support organization of the Department of Defense (DoD). This authorization enables all DoD missions and agencies to leverage the Everbridge Suite of solutions.
Announced that JARVISS (Joint Analytic Real-Time Virtual Information Sharing System) is now the U.S. Army’s enduring enterprise system for threat visibility. The Everbridge platform is powering JARVISS, creating a premier global threat information sharing system that will enable the Army to effectively and efficiently identify and assess incidents and threats, in close proximity to military facilities, in a near real-time environment.
(A friend introduced me to this board in December. Heartfelt Thank You to Saul and everyone for sharing your insight. I’ve reduced my portfolio to 13 stocks from 35 individual plus 25% SPX500 12% MFMS/QQQ ETFs. Understanding the benefit of recurrent revenue and the SaaS model, I feel much more positive navigating the turbulent market.)