Financial PerformanceThe company has experienced a sharp decline in growth from 36% in 2021 to an estimated 3% in 2023, driven by pressure from customer down-sells, seat compression, and lack of expansion activity.
Leadership ChangesEVBG's CFO, Patrick Brickley, is stepping down effective 3/15.
Stock ValuationAnalyst downgrades EVBG shares from Buy to Hold as the valuation is seen as fair given current growth prospects.