BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — Everbridge Inc. (EVBG) on Monday reported a loss of $19.3 million in its fourth quarter.
The Burlington, Massachusetts-based company said it had a loss of 47 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 49 cents per share.
The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 49 cents per share.
The software developer posted revenue of $115.8 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $114.7 million.
For the year, the company reported a loss of $47.3 million, or $1.31 per share. Revenue was reported as $448.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVBG at https://www.zacks.com/ap/EVBG