Qualtrics (XM) PT Lowered to $34 at BofA Securities
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Qualtrics (XM) Shares Gain on Beat-and-raise, Strong Result 'Never More Relevant' Says Analyst
April 22, 2022 6:40 AM EDTShares of Qualtrics (NASDAQ: XM) are up more than 4% in premarket trading Friday after the company reported better-than-expected Q1 revenue and issued an upbeat Q2 revenue forecast.
XM reported Q1 revenue of $335.6 million, up 41% YoY and topping the consensus estimates of $325.6 million. Loss per share stood at 51c in the period.
For Q2, Qualtrics expects revenue in the range of $344 million to $346 million, beating the analyst expectations of $337.4 million. XM expects Q2 EPS in the range of... More
