Everbridge, Inc. - Common Stock (EVBG)

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced the Toronto Zoo selected Everbridge Mass Notification to safeguard its over 1,000 permanent, part-time, seasonal, and volunteer staff, as well as to be available to alert the Zoo’s approximately 1.3 million guests per year.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced the appointment of Pamela Larson as Chief Security Officer for North America. Ms. Larson will work closely with North American enterprises on security and resilience strategy, risk assessment, and compliance. Ms. Larson will report to Global Chief Security Officer Tracy Reinhold who leads the Company’s overall enterprise-level security strategy. Reinhold served in the Federal Bureau of Investigation (FBI) for twenty-two years including having led the FBI’s intelligence division.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its financial results for the first quarter ended March 31, 2024. Revenue for the first quarter was up 3% year-over-year to $111.4 million, and GAAP net loss was $(20.1) million, compared to $(14.6) million for the first quarter of 2023.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, proudly announces its continued partnership with the Boston Athletic Association (B.A.A.) for the 128th running of the Boston Marathon presented by Bank of America. The Everbridge platform will once again play a pivotal role in delivering critical event safety information to thousands of staff, volunteers, and participants during the prestigious event. Taking place on Monday, April 15th, the Boston Marathon will bring together a field of 30,000 participants and more than 10,000 volunteers.

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating whether the sale of Everbridge, Inc. (NASDAQEVBG) to Thoma Bravo for $35.00 per share in cash is fair to Everbridge shareholders. Investors who purchased Everbridge securities prior to February 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/EVBG.

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Everbridge, Inc. (“Everbridge” or “the Company”) (NASDAQEVBG). Investors who purchased Everbridge securities prior to February 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/EVBG.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced that the Compensation Committee of the Board of Directors of the Company approved inducement awards under Nasdaq Listing Rule 5635(c)(4) consisting of 175,000 restricted stock units (“RSUs”) and 115,000 performance stock units (“PSUs”) to two new employees, pursuant to the Everbridge, Inc. 2022 Inducement Plan. Awards of 115,000 RSUs and 115,000 PSUs were granted on March 7, 2024 to David Rockvam, the newly appointed Executive Vice President and Chief Financial Officer. Awards of 60,000 RSUs were also granted on March 7, 2024 to Ryan Allphin the newly appointed Senior Vice President of Engineering and CTO of CEM and Digital Products and Platforms. The awards are subject to all terms and conditions and other provisions set forth in the Plan and the award agreements thereunder.

Everbridge, Inc. (Nasdaq: EVBG) (“Everbridge”), a global leader in critical event management and national public warning solutions, and Thoma Bravo, a leading software investment firm, today announced that they have amended and restated the previously announced merger agreement, dated February 4, 2024. Under the terms of the amended and restated agreement, Thoma Bravo has increased the price at which it has agreed to acquire all outstanding shares of Everbridge to $35.00 per share in cash, or $6.40 per share higher the original transaction price.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Revenue for the fourth quarter was down 1% year-over-year to $115.8 million, and GAAP net loss was $(19.3) million, compared to net income of $16.2 million for the fourth quarter of 2022. Revenue for the full year was up 4% year-over-year to $448.8 million, and GAAP net loss was $(47.3) million, compared to $(61.2) million for 2022.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Everbridge, Inc. (NasdaqGM: EVBG) to Thoma Bravo. Under the terms of the proposed transaction, shareholders of Everbridge will receive $28.60 in cash for each share of Everbridge that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced that it will no longer hold its fourth quarter and full year 2023 financial results conference call originally scheduled for Monday, February 26, 2024 at 4:30 p.m. ET in light of its pending acquisition by Thoma Bravo, announced on February 5, 2024.

BALA CYNWYD, Pa., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Everbridge, Inc. (NASDAQEVBG) to Thoma Bravo for $28.60 per share in cash is fair to Everbridge shareholders.

Everbridge, Inc. (Nasdaq: EVBG) (“Everbridge” or the “Company”), a global leader in critical event management (“CEM”) and national public warning solutions, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction valuing Everbridge at approximately $1.5 billion. The transaction is expected to help accelerate the Company’s continued growth at a time of rising global uncertainty and increased prioritization of public safety and operational continuity. Upon completion of the transaction, Everbridge will become a privately held company.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced that it will release its financial results for the fourth quarter and full year 2023, ended December 31, 2023, after the market close on Monday, February 26, 2024. On that day, management will hold a conference call and webcast at 4:30 p.m. ET (1:30 p.m. PT) to review and discuss the Company’s results for the fourth quarter and full year. A recorded version of this webcast will be available after the call and accessible at https://ir.everbridge.com/.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced a series of milestones for its Physical Security Information Management (PSIM) solution Control Center, affirming the company’s steadfast commitment to strengthening global organizational resilience.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced that the company has been recognized as a leader in The Forrester Wave™: Critical Event Management Platforms, Q4 2023 report. Everbridge received the highest possible score in fifteen criteria including: vision, innovation, partner ecosystem, as well as criteria within the current offering category, including employee mass communication, physical threat intelligence, travel risk management, orchestration and automation, and reporting and analytics, among others.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced that the U.S. Department of Defense, in coordination with the FBI, Massachusetts State Police, and a dozen other collaborating agencies, will once again deploy the Joint Analytic Real-Time Virtual Information Sharing System (JARVISS), powered by Everbridge, to monitor and identify critical events that may threaten life safety or cause operational disruption during the famed Army-Navy game, taking place on December 9, 2023 at Gillette Stadium in Foxborough, Massachusetts.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced that Dubai, one of the world’s leading tourist destinations and the most populous city in the United Arab Emirates, selected Everbridge’s state-of-the-art Emergency and Incident Management platform for operational and crisis management, dispatching, and incident command in order to manage the full life cycle of a critical incident.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced that the City of New York has once again deployed its critical event management platform to alert attendees of the 2023 Macy’s Thanksgiving Day Parade in the event of an emergency, disruption, or need to share important information during the festivities. Everbridge powers the statewide emergency notification platform NY-ALERT and the New York City emergency notification platform Notify NYC.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced that management is scheduled to present at the following upcoming investor conferences:

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its financial results for the third quarter ended September 30, 2023. Revenue for the third quarter was up 3% year-over-year to $114.2 million, and GAAP net income was $1.7 million, compared to a net loss of $(22.1) million for the third quarter of 2022.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced the company received an important new patent related to the use of Artificial Intelligence (AI), applicable to technology such as analytics dashboards for Critical Event Management (CEM) software systems.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its partnership with the COP28 World Climate Summit – The Investment COP to present on how the combination of Public Safety technology and index-based insurance can help to mitigate the growing impact of climate change on governments and businesses. Everbridge is a leader in demonstrating the first-of-its-kind benefits of leveraging public safety solutions with insurance offerings to provide a holistic approach for organizations to address climate risk and resilience.

Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning software solutions, today announced that Glendale, Arizona has become the latest U.S. city to launch the Everbridge Mass Notification platform to safeguard residents and visitors during emergencies and large-scale events.