Categories Earnings, Technology

SurveyMonkey (NASDAQ: SVMK): Q3 2019 Earnings Snapshot

–Survey software company SurveyMonkey (NASDAQ: SVMK) reported an adjusted loss of less than one cent for the third quarter of 2019, vs. $0.05 per share loss expected.

SurveyMonkey (NASDAQ: SVMK): Q3 2019 Earnings Snapshot

–Unadjusted net loss was $16.31 million or $0.12 per share, compared to a loss of $102.36 million or $0.99 per share last year

–Third-quarter revenue increased 22% annually to $79.3 million, vs. $77.95 million expected

–Had 713,217 playing users at the end of the quarter, up 15% from the same period of last year

–Average revenue per user increased to $448 from $418 last year

— Around 82% of our paying users were on annual plans, up from 76% last year

–Expects Q4 revenues to be between $83 million and $84 million; sees full-year revenues in the range of $306 million to $307 million

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

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