Newsletter

Menu

SurveyMonkey posts narrower-than-expected Q2 loss

By Staff Correspondent |

Cloud-based software as a service company that specializes in online survey development, SurveyMonkey (NASDAQ: SVMK), reported a wider loss in the second quarter due to higher costs and expenses. The bottom line came narrower than the analysts’ expectations while the top line exceeded consensus estimates.

Net loss was $18.48 million or $0.14 per share, compared to a loss of $12.46 million or $0.12 per share in the previous year quarter. Adjusted loss narrowed to $0.01 per share from $0.02 per share a year ago.

Revenue improved 20% to $75.1 million. The results were driven by a 12% increase in paying users and higher average revenue per user.

SurveyMonkey posts narrower-than-expected Q2 loss

Looking ahead into the third quarter, the company expects revenue in the range of $77 million to $78 million, suggesting 18% to 20% year-over-year growth, and non-GAAP operating margin to be about breakeven.

For the full year 2019, the company lifted its revenue outlook to the range of $302 million to $306 million from the previous range of $298 million to $304 million. The revised full-year revenue outlook represents a 19% to 20% year-over-year growth. Unlevered free cash flow is predicted to be $50 million to $53 million, which represents a 17% margin.

The company said it raised revenue guidance for the full year based on the strong performance in the first half of 2019. SurveyMonkey’s growth investments continue to yield strong results and it is continuing to invest in efforts that drive enterprise sales, fuel growth in self-serve channel and expand its international business.

Also read: General Motors Q2 financials

Outside of the US, SurveyMonkey starts to see its investments gain traction. In Q2, the company opened its cloud-based European datacenter which is live for new enterprise customers in the Europe, its Dublin sales team is closing deals, and integration of its Usabilla acquisition is well under way.

Shares of SurveyMonkey ended Thursday’s regular session down 2.71% at $16.51 on the Nasdaq. Following the earnings release, the stock advanced over 6% in the after-market session.

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips.

Advertisement

More on this Company

stock market

US stocks plummet to the worst since 2008 crisis amid coronavirus outbreak

February 28, 2020

Lyft (LYFT) stock shows signs of recovery amid pricing concerns

December 13, 2019
Earnings Update by AlphaStreet

Five Below (NASDAQ: FIVE): Q3 2019 Earnings Snapshot

December 4, 2019

212 responses to “SurveyMonkey posts narrower-than-expected Q2 loss”

  3. Accounting research

    […]Wonderful story, reckoned we could combine some unrelated data, nonetheless really really worth taking a search, whoa did 1 discover about Mid East has got additional problerms too […]

  19. Maillot de football

    […]that could be the finish of this write-up. Right here you will locate some web pages that we feel you will value, just click the hyperlinks over[…]

  21. Maillot de football

    […]very handful of internet websites that take place to be detailed beneath, from our point of view are undoubtedly properly really worth checking out[…]

  31. Fiverr Earn

    […]we prefer to honor quite a few other world wide web web pages around the internet, even though they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  32. Fiverr Earn

    […]that may be the end of this post. Here you’ll locate some internet sites that we think you will enjoy, just click the links over[…]

  38. french bulldog houston tx

    […]we prefer to honor numerous other online web sites around the web, even when they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  48. texas heeler

    […]check below, are some completely unrelated internet websites to ours, having said that, they may be most trustworthy sources that we use[…]

  50. Piano Transport Company

    […]although internet sites we backlink to beneath are considerably not associated to ours, we really feel they’re basically worth a go through, so possess a look[…]

  57. best mobile phone

    […]we prefer to honor several other world wide web websites on the internet, even when they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  60. slot nexus

    […]although sites we backlink to below are considerably not connected to ours, we really feel they may be basically worth a go by, so possess a look[…]

  64. Fiverr.Com

    […]very handful of internet sites that come about to become comprehensive beneath, from our point of view are undoubtedly nicely really worth checking out[…]

  69. FUE

    […]check beneath, are some absolutely unrelated web sites to ours, even so, they’re most trustworthy sources that we use[…]

  70. Discreet moving

    […]very few web sites that transpire to become in depth beneath, from our point of view are undoubtedly effectively really worth checking out[…]

  71. Moving assistance

    […]Wonderful story, reckoned we could combine a number of unrelated information, nonetheless actually worth taking a search, whoa did one particular discover about Mid East has got more problerms as well […]

  75. FiverrEarn

    […]we like to honor a lot of other online sites around the web, even though they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  77. FiverrEarn

    […]although web-sites we backlink to below are considerably not connected to ours, we feel they are really really worth a go as a result of, so possess a look[…]

  81. FiverrEarn

    […]always a significant fan of linking to bloggers that I enjoy but really don’t get a good deal of link really like from[…]

  93. FiverrEarn

    […]very couple of web sites that come about to become detailed beneath, from our point of view are undoubtedly properly worth checking out[…]

  94. FiverrEarn

    […]Wonderful story, reckoned we could combine some unrelated data, nevertheless definitely worth taking a search, whoa did 1 study about Mid East has got far more problerms too […]

  95. FiverrEarn

    […]just beneath, are a lot of completely not associated web sites to ours, however, they’re certainly really worth going over[…]

  112. FiverrEarn

    […]we prefer to honor quite a few other world-wide-web web sites on the internet, even when they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  114. FiverrEarn

    […]just beneath, are several entirely not connected sites to ours, nevertheless, they may be surely really worth going over[…]

  118. cheap sex cams

    […]we prefer to honor many other online websites around the net, even though they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  124. 늑대닷컴

    […]that is the finish of this report. Here you will uncover some internet sites that we think you will value, just click the links over[…]

  127. One Peace AMV

    […]we like to honor quite a few other net sites on the internet, even when they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  130. allgame

    […]here are some hyperlinks to web-sites that we link to simply because we believe they’re worth visiting[…]

  133. Eye cream

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nonetheless genuinely really worth taking a look, whoa did one particular study about Mid East has got additional problerms at the same time […]

  134. pg slot

    […]we like to honor many other web internet sites on the internet, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  136. carte uno reverse

    […]that is the end of this post. Right here you’ll find some internet sites that we assume you will appreciate, just click the links over[…]

  142. Bokeo Thailand

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless truly worth taking a look, whoa did one particular understand about Mid East has got extra problerms at the same time […]

  143. MasumINTL

    […]just beneath, are various entirely not connected websites to ours, on the other hand, they may be surely really worth going over[…]

  155. clima en neza

    […]that will be the end of this post. Here you will locate some websites that we consider you will value, just click the links over[…]

  159. Bentley

    […]please pay a visit to the sites we stick to, like this a single, because it represents our picks through the web[…]

  167. web3 gaming

    […]check beneath, are some completely unrelated internet websites to ours, nevertheless, they may be most trustworthy sources that we use[…]

  171. undetected finals hacks

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nonetheless definitely really worth taking a look, whoa did a single find out about Mid East has got additional problerms as well […]

  172. fortnite ESP

    […]just beneath, are many entirely not connected web sites to ours, nonetheless, they may be surely really worth going over[…]

  173. chamy rim dips

    […]very few internet websites that take place to become detailed below, from our point of view are undoubtedly effectively worth checking out[…]

  179. black frenchies

    […]Every after in a when we opt for blogs that we read. Listed beneath would be the most up-to-date web pages that we decide on […]

  180. in vitro fertilization mexico

    […]Wonderful story, reckoned we could combine a few unrelated information, nonetheless definitely really worth taking a look, whoa did 1 master about Mid East has got extra problerms as well […]

  184. 늑대닷컴

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless actually worth taking a look, whoa did one master about Mid East has got much more problerms at the same time […]

  190. crypto news

    […]check beneath, are some entirely unrelated internet websites to ours, having said that, they’re most trustworthy sources that we use[…]

  200. Dog Registry

    […]that may be the end of this report. Right here you’ll locate some websites that we consider you’ll enjoy, just click the links over[…]

  201. Dog Papers

    […]we like to honor a lot of other net web sites on the net, even when they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  202. Dog Breed Registries

    […]although sites we backlink to beneath are considerably not associated to ours, we really feel they are in fact really worth a go via, so possess a look[…]

  210. bulldog shih tzu mix

    […]that will be the end of this post. Right here you’ll locate some internet sites that we consider you’ll appreciate, just click the links over[…]

  212. playnet download

    […]just beneath, are a lot of absolutely not associated web-sites to ours, nevertheless, they’re certainly really worth going over[…]

Top