SurveyMonkey Announces Third Quarter 2018 Financial Results
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SurveyMonkey (SVMK) Tops Q3 EPS by 4c, Revenues Beat; Offers FY18 Revenue Guidance Above Consensus
November 13, 2018 4:08 PM ESTSurveyMonkey (NASDAQ: SVMK) reported Q3 EPS of ($0.01), $0.04 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $65.2 million versus the consensus estimate of $62.86 million.
Revenue of $65.2 million, an increase of 18% year over year. Core revenue, which excludes $0.4 million in revenue related to the non-self-serve portion of SurveyMonkey Audience in Q3 2017 (the final quarter with reported revenue), increased 19% year over year. Strength across the business drove our results. GAAP operating margin of (145%) and non-GAAP operating... More
