Everbridge, Inc. (NASDAQ:EVBG) Q3 2019 Earnings Conference Call - Final Transcript

Nov 04, 2019 • 04:30 pm ET


Everbridge, Inc. (NASDAQ:EVBG) Q3 2019 Earnings Conference Call - Final Transcript


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Ladies and gentlemen thank you for standing by and welcome to Everbridge Q3 2019 Earnings Conference Call. [Operator Instructions]

I would now like to turn the conference over to your host Mr. Patrick Brickley our Chief Financial Officer. Please go ahead.

Patrick Brickley

Good afternoon and welcome to Everbridge's earnings conference call for the third quarter of 2019. This is Patrick Brickley Senior Vice President and Chief Financial Officer of Everbridge. With me on the call today are Jamie Ellertson Executive Chairman; and David Meredith CEO. After the market closed today, we issued a press release with details regarding our third quarter results, which can be accessed on the investor relations section of our website at IR dot ever bridge com. This call is being recorded and a replay will be available on our Our website following the conclusion of the call. During today's call, we will make statements related to our business that may be considered forward looking under federal securities laws. We statements reflect our views only as of today and should not be considered representative of our views. As of any subsequent tape, we disclaim any obligation to update any forward looking statements or outlook.

These statements are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from expectations. These risks are summarized in the press release that we issued today. For a further discussion of the material risks and other important factors that could affect our actual results please refer to our filings with the SEC including our recent 10-Q and 10-K filings. Also during the course of today's call we will refer to certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in our press release. Finally at times in our prepared comments or responses to your questions we may offer metrics that are incremental to our usual presentation to provide greater insight into the dynamics of our business or our quarterly results. Please be advised that we may or may not continue to provide this additional detail in the future.

With that let me turn the call over to Jamie and David for their prepared remarks.

Jaime Ellertson

Thanks Patrick and thanks to all of those joining our Q3 2019 earnings call today. With David Meredith at the helm as CEO for nearly all of the third quarter I'll keep my remarks short and focused on our longer-term strategy and let David get into the details of the quarter. But first I'd like to say that the Board is very pleased with the way that our executive transitions go on this year. David joined us as our new CEO only four months ago and has been very actively engaged with customers employees and investors and in my view has positively impacted all of our key stakeholders. Our Q3 results exceeded the high end of our guidance ranges. Again with growth of 35% over last year and subsequent improvement in our adjusted EBITDA results. Our strategy to invest