UserTesting Reports Second Quarter 2022 Financial Results
UserTesting, Inc. (USER)
Company Research
Source: Business Wire
Record Second Quarter Revenue of $47.6 million, up 36% year-over-year SAN FRANCISCO--(BUSINESS WIRE)--UserTesting, Inc. (NYSE: USER), a leader in video-based human insight, today announced financial results for the second quarter ended June 30, 2022.“The second quarter represented our sixth consecutive quarter of year-over-year subscription growth over 40%, with record total revenue of $48 million, up 36% year-over-year,” said Andy MacMillan, CEO of UserTesting. “While we are prudently managing our expense structure in the near-term given the uncertain economic outlook, we firmly believe the mid to long-term opportunities for our business remain robust as our Human Insight Platform fundamentally helps companies better understand the driving forces behind customer behavior and delivers actionable insights to make smarter and faster business decisions.”Second Quarter 2022 Financial Highlights:Revenue: Total revenue was $47.6 million, up 36% year-over-year. Subscription revenue was $4
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