SurveyMonkey Announces First Quarter 2021 Financial Results
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SurveyMonkey (SVMK) Reports In-Line Q1 EPS, Revenues Beat; Offers FY21 Reveneus Guidance Above Consensus
May 6, 2021 4:30 PM EDTSurveyMonkey (NASDAQ: SVMK) reported Q1 EPS of ($0.02), in-line with the analyst estimate of ($0.02). Revenue for the quarter came in at $102.3 million versus the consensus estimate of $100.89 million.
Q1 2021 Key Results
Total revenue was $102.3 million, an increase of 16% year-over-year.Enterprise sales revenue was $31.2 million, an increase of 24% year-over year. Enterprise sales revenue accounted for approximately 30% of total revenue, up from approximately 29% in Q1 2020. We ended the quarter with approximately 8,800 enterprise sales customers, up 29% from approximately 6,800 in Q1 2020.Self-serve revenue was $71.1... More