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Stock impact report

SurveyMonkey Announces Second Quarter 2019 Financial Results

SVMK, Inc (SVMK)  More Company Research Source: GlobeNewswire
Last svmk, inc earnings: 11/7 04:05 pm Check Earnings Report
PDF SAN MATEO, Calif., Aug. 01, 2019 (GLOBE NEWSWIRE) -- SurveyMonkey Inc. (“SurveyMonkey”), a leading global survey software company, announced today that its parent company, SVMK Inc. (Nasdaq: SVMK, and collectively with SurveyMonkey referred to as “SVMK”, “we” or “us”), reported second quarter 2019 financial results for the period ended June 30, 2019, and posted a shareholder letter with complete second quarter 2019 financial results and management commentary on its investor relations website at investor.surveymonkey.com. Q2 2019 Key Results Revenue was $75.1 million for 20% year-over-year growth. Paying users totaled 692,455 compared to 616,111 in Q2 2018, for 12% year-over-year growth, and up 21,593 paying users from Q1 2019, for 3% quarter-over-quarter growth. Approximately 80% of our paying users were on annual plans, up from 75% in Q2 2018 and 78% in Q1 2019. Average revenue per user was $442 compared to $410 in Q2 2018, for 8% year-over-year growth, and up from $423 in Q1 201 [Read more]
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