EverCommerce delivered robust third-quarter results, achieving a 5.3% year-over-year revenue growth and successfully expanding its adjusted EBITDA margin to 31.5%. The company also strategically acquired ZyraTalk to enhance its AI capabilities.
- Revenue reached $147.5 million, aligning with guidance and marking a 5.3% increase year-over-year.
- Adjusted EBITDA of $46.5 million exceeded expectations, showcasing a 140 basis point margin improvement from the previous year.
- Payments revenue grew 6% year-over-year, accounting for 21% of overall revenue, driven by an emphasis on enablement and customer engagement.
- Completed the sale of the marketing technology solutions segment to Ignite Visibility, allowing a sharper focus on core SaaS and payments businesses.
- Annualized total payments volume expanded to approximately $13 billion, reflecting ongoing investments in product and market strategies.
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