DENVER (AP) — DENVER (AP) — EverCommerce Inc. (EVCM) on Thursday reported a loss of $16.3 million in its first quarter.
On a per-share basis, the Denver-based company said it had a loss of 9 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The business software company posted revenue of $170.1 million in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $162.1 million.
For the current quarter ending in June, EverCommerce said it expects revenue in the range of $169.5 million to $173.5 million.
The company expects full-year revenue in the range of $676 million to $696 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 EVCM at https://www.zacks.com/ap/EVCM
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