May 7, 2018 / 8:11 PM / 2 months ago

Everbridge revenue surges 34 pct

May 7 (Reuters) - Everbridge Inc reported a 34 percent jump in quarterly revenue on Monday, driven by strong demand for its software and services that help alert large groups of people during emergencies.

However, the company’s net loss widened to $12.3 million, or 43 cents per share, in the first quarter ended March 31, from $6.2 million, or 23 cents share, a year earlier.

Revenue rose to $30.5 million from $22.8 million. (Reporting by Munsif Vengattil in Bengaluru; Editing by Sriraj Kalluvila)

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