EverCommerce Inc. (EVCM) experienced a significant pre-market plunge of 21.16%.
The sharp decline follows the company's fourth-quarter earnings report, where it posted earnings of $0.03 per diluted share, missing the consensus estimate of $0.05. While Q4 revenue of $151.2 million surpassed expectations, the company provided first-quarter revenue guidance below analyst projections, which appears to have driven the negative investor sentiment.