SurveyMonkey (SVMK) Tops Q2 EPS by 2c; Guides In-Line

SurveyMonkey (NASDAQ: SVMK) reported Q2 EPS of $0.00, $0.02 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $90.9 million versus the consensus estimate of $89.1 million.

“SurveyMonkey delivered another quarter of strong financial results that exceeded our guidance. Revenue was $90.9 million, a 21% year-over-year increase, and we ended the quarter with more than 7,200 enterprise customers, up 51% from Q2 2019,” said Zander Lurie, chief executive officer of SurveyMonkey. “World-class organizations like ZoomInfo, GitHub, Big Brothers Big Sisters of America, Korn Ferry, Stitch Fix, thredUP, and Vanguard Charitable are choosing SurveyMonkey to accelerate their digital transformation.”

GUIDANCE:

SurveyMonkey sees Q3 2020 revenue of $93-96 million, versus the consensus of $94.7 million.

For earnings history and earnings-related data on SurveyMonkey (SVMK) click here.

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