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0 0.00107411385606872 0.00537056928034379 0.00214822771213744 0.00429645542427488 0.000268528464017132 0.00161117078410318 -0.00537056928034379
Stock impact report

SurveyMonkey: Best Growth In 4 Quarters [Seeking Alpha]

SVMK, Inc (SVMK)  More Company Research Source: Seeking Alpha
Last svmk, inc earnings: 11/7 04:05 pm Check Earnings Report
PDF SurveyMonkey: Best Growth In 4 Quarters Summary Shares of SurveyMonkey soared nearly 20% after reporting a blowout second quarter. Revenue growth accelerated to 20% y/y, three points stronger than the previous quarter and substantially higher than Wall Street's expectations. SurveyMokey noted that its recently-launched Teams product continues to see strong traction, while more users shift into higher-value annual customers. The company continues to expect high teens to 20% growth rates for both Q3 and the rest of FY19. Despite having been largely ignored since its IPO, SurveyMonkey ( SVMK MDLA Now at an all-time high since its IPO last September at just $12 per share, I believe there's still plenty of upside left in SurveyMonkey. The company turned in rather lackluster performance in FY18, but a spate of new products as well as enterprise adoption have really given SurveyMonkey a lot of momentum in the first half of FY19, as evidenced by the company's accelerated revenue growth. As I [Read more]
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