Categories Earnings, Technology
SurveyMonkey’s (SVMK) bottom line and topline figures for Q4 2019 beat estimates
SurveyMonkey (NASDAQ: SVMK), a provider of survey software solutions, bettered bottom line and topline targets for Q4 2019. The company reported an adjusted loss of 2 cents per share on revenue of $84.3 million. Analysts had estimated the company to post a loss of 4 cents per share on revenue of $83.83 million. SVMK stock gained about 3% in the after-market hours.
GAAP net loss per share shrunk to $0.16 from a loss of $0.20 per share in the prior-year quarter. In Q4, enterprise sales revenue grew 145% year-over-year, to approximately 25% of total revenue, up from 13% last year.

The San Mateo, California-based firm ended the quarter with 6,578 enterprise sales customers, up 84% from Q4 2018. SurveyMonkey added 468 new enterprise sales customers during the quarter, and over 3,000 during the year, Paying users increased 11% annually to 720,921 at the end of Q4 2019. Average revenue per user rose 10% to $467.
For fiscal 2020, SurveyMonkey targets revenue to be between $375 million and $381 million, representing a growth of 22-24%. For the first quarter of fiscal 2020, the company estimates revenue to be between $85 million and $86 million, representing a growth of 25%.
Shares of SurveyMonkey had gained 11% in the past three months and 31% from this time last year.
Most Popular
Infographic: Intuitive Surgical Q4 earnings results
Intuitive Surgical (NASDAQ: ISRG) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The robotic product's manufacturer reported fourth-quarter revenue of $1.33 billion, up 4% year-over-year. Meanwhile,
Infographic: Seagate Technology (STX) Q2 2021 earnings
Seagate Technology plc (NASDAQ: STX) reported second-quarter 2021 earnings results after the closing bell on Thursday. Revenue increased to $2.62 billion from $2.69 billion last year. Analysts had expected revenue
IBM (IBM) Q4 2020 Earnings: Key financials and quarterly highlights
IBM (NYSE: IBM) reported its fourth quarter 2020 earnings results today. Revenue fell 6% year-over-year to $20.4 billion. GAAP net income fell over 60% to $1.3 billion, or $1.51 per