This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

Everbridge, Inc.
8/9/2022
Good day, and welcome to the Everbridge Inc. Second Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on a touch-tone phone. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to Nandan Amladi, Investor Relations. Please go ahead.
Good afternoon and welcome to Everbridge's earnings call for the second quarter of 2022. This is Nandan Amladi, Vice President of Investor Relations. With me on today's call are Dave Wagner, our new CEO, Vernon Irvin, Executive Vice President and Chief Revenue Officer, and Patrick Brickley. Executive Vice President and Chief Financial Officer. After the market closed, we issued our earnings release, which can be accessed on the investor relations section of our website at ir.everbridge.com. This call is being recorded, and a replay of the teleconference will be available on our IR website at the conclusion of today's event. During today's call, we will make forward-looking statements regarding future events or the financial performance of the company that involves certain risks and uncertainties. The company's actual results may differ materially from the projections described in such statements. Factors that might cause such differences include, but are not limited to, those discussed in our Forms 10-Q and 10-K, as well as other subsequent filings to the SEC. Information provided on this call reflects our perspective only as of today and should not be considered representative of our views as of any subsequent date. We explicitly disclaim any obligation to update any forward-looking statements or our outlook. Also during today's call, we will refer to certain non-GAAP financial measures. A reconciliation of our GAAP to non-GAAP financial measures is included in our earnings press release, which you can find on our investor relations website. Our earnings press release, which crossed the wires after market close, included highlights from our second quarter in addition to the financial results and outlook. After we review our business and financial highlights, we will open the call to your questions. With that, let me turn the call over to Dave.
Thank you, Nandan. I am excited to join Everbridge as Chief Executive Officer at this important moment in the company's evolution. Everbridge is a pioneer and is the clear industry leader in critical event management and public warning. Everbridge offers powerful solutions for positive change with the ability to keep people safe and businesses running smoothly. We have opportunities ahead of us in both the near and long term to grow this business, improve our efficiencies, and create shareholder value. I would like to take a quick moment to introduce myself. I have been working at B2B software companies for nearly 30 years, and I have been fortunate to be on teams that have created more than $2 billion in shareholder value. I have been part of an IPO, a go-private, and two sales, two strategic buyers. Most recently, as CEO of VIX, we grew revenue, EBITDA, and enterprise value each by more than 400% over less than six years. This growth was both organic and inorganic. We completed and integrated seven acquisitions successfully. In short, the teams I've led have created value in a range of ways, and I look forward to creating value with the team at Everbridge. In the near term, the team and I continue to focus on executing four strategic priorities. First, we are simplifying our product offerings and our go-to-market channels to improve sales productivity and drive organic growth. Second, We are focused on extending our global leadership in public safety systems with our industry-leading platform to enable our proven network effect. Third, we are working on strategic product integrations, making it easier for customers to adopt new solutions while extending the differentiation of our platform. And finally, we are increasing overall efficiencies and increasing profitability across the company. Everything the leadership team and I are doing is focused on improving momentum, creating value for our customers, increasing profitability, and increasing shareholder value. As Vernon and Patrick will share, the team is demonstrating progress on each of our focus areas. Our second quarter results are an affirmation that our strategy is working and that our execution is improving. As I am quickly coming up to speed, I am impressed with the level of commitment our team members have to both our mission and to our customers. Enterprises and governments are increasingly focused on resilience, and as a result, our customers are relying on our solutions more than ever. I look forward to partnering with Patrick Vernon and the entire Everbridge team to build on our commitment to growth, improving profitability, and increasing shareholder value. I will now turn the call over to Vernon to review our business highlights.
You're reading a preview of the EVBG Q2 2022 earnings call.
Free account.