ARR

Everbridge Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 9, 2023
Networks, Internet, Security, Technology, Software, Mauritius, Volunteering, Control center, GAAP, Research, 127th, TRM, Government, Boston, Republic, EBITDA, Boston Athletic Association, CEM, ARR, Boston Marathon, Everbridge, Total, Safety, Video game, Bank, Commercial property

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, 2023.

Key Points: 
  • 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, 2023.
  • Revenue for the first quarter was up 8% year-over-year to $108.3 million, and GAAP net loss improved to $(14.6) million from $(19.1) million.
  • GAAP net loss was $(14.6) million, compared to GAAP net loss of $(19.1) million for the first quarter of 2022.
  • Based on information available as of today, Everbridge is issuing guidance for the second quarter and full year 2023 as indicated below.

Bentley Systems Announces Operating Results for the First Quarter of 2023

Retrieved on: 
Tuesday, May 9, 2023
Manufacturing, Data Management, Technology, Engineering, Software, Virtuosity, Event, System, BSY, Cyprus Securities and Exchange Commission, ARR, Growth, Bentley Systems, OI, Music, Cryptocurrency, Insurance, Adjustment

Bentley Systems, Incorporated (Nasdaq: BSY) (“Bentley Systems” or the “Company”), the infrastructure engineering software company, today announced operating results for its first quarter ended March 31, 2023.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY) (“Bentley Systems” or the “Company”), the infrastructure engineering software company, today announced operating results for its first quarter ended March 31, 2023.
  • CEO Greg Bentley said, “Our robust operating results for 23Q1 continue to demonstrate the resilience of our end-markets, the predictability of our accretive business model, and the consistency of our execution.
  • Moreover, 22Q4 timing shortfalls in our operating cash flows were fully offset in early 2023, resulting in 23Q1 being a strong cash flow quarter.
  • Bentley Systems will host a live Zoom video webinar on May 9, 2023 at 8:15 a.m. Eastern time to discuss operating results for its first quarter ended March 31, 2023.

DigitalOcean Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 9, 2023
Software, Technology, Other Technology, Share repurchase, Periodontal scaler, NDR, Luigi, GAAP, ARPU, Phase 10, ARR, DigitalOcean, CFO, Growth, NYSE, Video game, Security (finance), Reinsurance, Beauty salon, Bank

DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its first quarter ended March 31, 2023.

Key Points: 
  • DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its first quarter ended March 31, 2023.
  • First Quarter 2023 Financial Highlights:
    Revenue was $165.1 million, an increase of 30% year-over-year.
  • First Quarter 2023 Operational Highlights:
    Net Dollar Retention Rate (NDR) was 107% as compared to 117% in the first quarter 2022.
  • Based on information available as of May 9, 2023, for the second quarter of 2023 we expect:
    Total revenue of $169.5 to $170.5 million.

Accela Announces Record 68% Year-Over-Year Growth As Cloud Migrations Help Governments Modernize Services

Retrieved on: 
Tuesday, May 9, 2023
Civic, Cloud, Communication, Marketing, MBIE, Potomac River, Civic application, Government Technology Agency, SPSA, Government Technology, Convention center, GIS, Heart, Sage Group, Maintenance, Software, Government, CSG, Office of the Oklahoma State Fire Marshal, Service, SDC, New York State Department of Health, Fire department, Gaylord National Resort & Convention Center, ARR, American Rescue Plan Act of 2021, VIP, New York City Fire Department, Software as a service, Texas Real Estate Commission, Sustainable Development Goal 11, City, Online shopping, Asset management, Canal, Harbor, Property management, Mobile phone, Employment

SAN RAMON, Calif., May 9, 2023 /PRNewswire/ -- Accela, the trusted provider of cloud solutions at the heart of government operations, today announced it closed its 13th consecutive quarter of double-digit growth with an 18 percent year-over-year increase in annual recurring revenue (ARR) for the quarter, a 68 percent increase in customer bookings, and net customer retention remaining well above 110 percent.

Key Points: 
  • "Accela's record 13 consecutive quarters of double-digit ARR growth stands as powerful testament to our focus on delivering the solutions and services that governments need to accelerate modernization and uplevel their resident experience," said Gary Kovacs, CEO of Accela.
  • The city will implement Accela Civic Applications for Building, Planning and Licensing; Code Enforcement; Accela Mobile; Accela Citizen Access; and Accela GIS.
  • We are excited to be working with Accela on developing a product that will help us, 'Build a Safe United Dallas!'"
  • Five Florida communities migrated to the cloud, improving service delivery
    In Florida, Accela successfully migrated five county and local governments to the cloud, including Polk County, Tampa, Weston, Charlotte County, and Hillsborough County.

Wasabi Technologies Reinforces its Commitment to EMEA with the Appointment of Jon Howes as General Manager

Retrieved on: 
Tuesday, May 9, 2023
Technology, Data Management, Cloud, Carbon, Liverpool F.C., Education, Health, Veeam, Nimble Storage, API, Benelux, Oracle, EMC, Associate, Equinix, AWS S3, Partner, GM, ARR, Sport, Growth, ESG, Digital, Juniper Networks, Howes, SVP, AWS, Marquee, Video game, Wasabi Technologies, Wasabi

Wasabi Technologies , the hot cloud storage company, strengthened its foothold in EMEA with the appointment of Jon Howes as Vice President and General Manager for EMEA.

Key Points: 
  • Wasabi Technologies , the hot cloud storage company, strengthened its foothold in EMEA with the appointment of Jon Howes as Vice President and General Manager for EMEA.
  • Jon Howes, VP and GM for EMEA, Wasabi Technologies, said:
    “Demand for predictably priced, secure, high-performance cloud storage is growing at an unprecedented pace in EMEA, making Wasabi a perfect fit for the market.
  • Wasabi’s 'channel-first’ approach in EMEA has established partnerships with Exclusive Networks, Ebertlang, Veeam, Equinix, and more – most recently Skill Partner.
  • For more information on how Wasabi can partner with your organisation, visit here or contact [email protected].

AudioCodes Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023
Connect, Table, GPT, LLM, Bank statement, Eastern Time Zone, CCAA, AUDC, ChatGPT, CX, AudioCodes, Microsoft, GAAP, UCAA, Human voice, Interest, Acquisition, ARR, Webcast, Growth, Pharmaceutical industry, Aquaculture, Holding company, Video game, Bank, Magazine

The dividend, in the aggregate amount of $5.7 million, was paid on March 7, 2023 to shareholders of record on February 21, 2023.

Key Points: 
  • The dividend, in the aggregate amount of $5.7 million, was paid on March 7, 2023 to shareholders of record on February 21, 2023.
  • AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced its financial results for the first quarter ended March 31, 2023.
  • Revenues for the first quarter of 2023 were $59.2 million compared to $66.4 million for the first quarter of 2022.
  • AudioCodes will conduct a conference call at 8:30 A.M., Eastern Time today to discuss the Company's first quarter of 2023 operating performance, financial results and outlook.

Semrush Announces First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 8, 2023
Technology, Marketing, Advertising, Communications, Artificial Intelligence, Retail, Small Business, Other Professional Services, Influencer, Social Media, Professional Services, Search Engine Optimization, Search Engine Marketing, Blogging, Apps, Applications, Digital Marketing, Content Marketing, Software, Internet, Other Communications, Publishing, Other Retail, Public Relations, Investor Relations, Software as a service, Built, Intelligence, Microsoft, GAAP, Key, Social media, TTT, ARR, Generative, Growth, Entrepreneurship, AI, GoDaddy, SVP, NYSE, Video game, Hunting, Medical device, Management, Semrush

Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today reported financial results for the first quarter ended March 31, 2023.
  • Dollar based net revenue retention of 116% as of March 31, 2023, compared to 118% in the previous quarter.
  • See “Non-GAAP Financial Measures & Definitions of Key Metrics” below for how Semrush defines ARR, dollar based net revenue retention, non-GAAP net loss, and the financial tables that accompany this release for reconciliations of each non-GAAP financial measure to its closest comparable GAAP financial measure.
  • Semrush will host a conference call and webcast to discuss its financial results, business highlights, outlook and other matters, the details for which are provided below.

ForgeRock Announces First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 8, 2023
Internet, Security, Data Management, Technology, Software, Cloud, Agreement, Exercise, Workforce, Maintenance, ASC, Software as a service, U.S. Department of Defense Strategy for Operating in Cyberspace, Marketing, Bank statement, DOJ, Tax, U.S. Department of Justice Office of Legislative Affairs, GAAP, Judgement, Public expenditure, Phase 10, EBITDA, ForgeRock, Acquisition, Investment, Nature, ARR, Thoma Bravo, Average cost, Second request, Hart–Scott–Rodino Antitrust Improvements Act, CFO, Depreciation, Growth, NYSE, Mobile phone, Video game, Cryptocurrency, Bank

ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its first quarter ended March 31, 2023.

Key Points: 
  • ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its first quarter ended March 31, 2023.
  • “We ended Q1 with $238 million of ARR, representing another solid quarter of growth for ForgeRock,” said Fran Rosch, CEO of ForgeRock.
  • ForgeRock uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measure after the presentation of our GAAP financial statements.
  • Non-GAAP Financial Measures and Key Metrics:
    Besides financial results prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), ForgeRock believes that evaluating its ongoing operating results may be difficult if limited to reviewing only GAAP financial measures.

MariaDB Announces Second Quarter Fiscal 2023 Financial Results

Retrieved on: 
Monday, May 8, 2023
Data Management, Consumer Electronics, Technology, Software, Networks, Internet, Cloud, Software as a service, SQL, MariaDB, Gold, ARR, Webcast, CFO, Growth, Ecosystem, NYSE, Automation, Cryptocurrency, Video game, Information technology, Xpectation

MariaDB plc (NYSE: MRDB) today announced its financial results for the second quarter of fiscal year 2023, which ended March 31, 2023.

Key Points: 
  • MariaDB plc (NYSE: MRDB) today announced its financial results for the second quarter of fiscal year 2023, which ended March 31, 2023.
  • Gross profit: Gross profit was $10.3 million for the second quarter of fiscal 2023, representing a 76.1% gross margin compared to 70.5% in the year-ago period.
  • Loss from operations: Loss from operations was $13.0 million for the second quarter of fiscal 2023, compared to a loss of $10.4 million in the year-ago period.
  • MariaDB plc will host a conference call and webcast at 1:30 p.m. Pacific Time (or 4:30 p.m. Eastern Time) today, May 8, 2023 to discuss its financial results.

Intapp Announces Third Quarter Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, May 8, 2023
Cloud, Software as a service, PALO, GAAP, Benesch, ARR, Excel Group Institutions, Video game, Bank

Third quarter SaaS and support revenue of $66.1 million, up 33% year-over-year

Key Points: 
  • Third quarter SaaS and support revenue of $66.1 million, up 33% year-over-year
    Third quarter total revenue of $92.0 million, up 32% year-over-year
    Cloud annual recurring revenue (ARR) of $206.3 million, up 40% year-over-year
    PALO ALTO, Calif., May 08, 2023 (GLOBE NEWSWIRE) -- Intapp, Inc. (NASDAQ: INTA), a leading provider of cloud software for the global professional and financial services industry, announced its financial results for the third quarter of fiscal year 2023 ended March 31, 2023.
  • Intapp also provided its outlook for the fourth quarter and full fiscal year of 2023.
  • “We are pleased to report another quarter of strong results as professional and financial services firms continue to embrace our purpose-built cloud solutions,” said John Hall, CEO of Intapp.
  • DealCloud won two industry awards in the third quarter of fiscal year 2023.