Cvent Beats Even in a Tough Macro; 2Q22 Revenue Up 31% to a Record $161 Million
KEY POINTS 2Q22 revenue grew 31.1% Y/Y, 4.4% higher than the high end of guidance, to a record $161 million; consensus was $154 million. CEO...
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Cvent’s One Platform for the Total Event Program Approach Validated as Point Solution Peers Stumble and Shrink Significantly
KEY POINTS Three of Cvent’s competitors recently laid off a significant percentage of their employees. Bizzabo laid off 30%, Hopin laid off 29%...
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Beat and Raise – 1Q Revenue Above High End of Guidance and Raises Full-Year Revenue Guidance
KEY POINTS Cvent’s 1Q22 revenue strength was driven by improved in person event demand as virtual and hybrid event demand remained. CEO Reggie...
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4Q21 Revenue Up 25% Y/Y and Guide Is for 20% Revenue Growth in 2022
KEY POINTS All eyes are on the rest of 2022 as 1Q22 is nearly completed. CEO Reggie Aggarwal said that customer sentiment had improved in the last...
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SPAC IPO Level: World War Z
With the 7 SPACs that hit the market today and another 5 priced, the pre-holiday rush is certainly in full swing. FAST Acquisition Corp. (FST) is...
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