What To Expect From SVMK Inc. ($SVMK) 3Q20 Earnings

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SVMK Inc. (NASDAQ:SVMK) is reporting third quarter financial results on Thursday 5th November 2020, before market open.

According to analysts surveyed by Thomson Reuters, SVMK is expected to report 3Q20 loss of $ 0.01 per share from revenue of $ 95.19 million.

For the full year, analysts anticipate top line of $ 374.92 million, while looking forward to loss of $ 0.03 per share bottom line.

The Company Outlook

Revenue for 3Q20 are expected in a range of $ 93.00 million ~ $ 96.00 million

Full Year 2020 topline are forecasted in a range of$ 375.00 million ~ $ 381.00 million

Click Here For More Historical Outlooks Of SVMK Inc.

Stock Performance

Shares of SVMK Inc. traded up $ 0.53 or 2.45 percent on Wednesday, reaching $ 22.12 with volume of 1.21 million shares. SVMK Inc. has traded high as $ 22.74 and has cracked $ 21.79 on the downward trend

The closing price of $ 22.12, representing a 130.91 % increase from the 52 week low of $ 9.35 and a 17.72 % decrease over the 52 week high of $ 26.24.

The company has a market capital of $ 3.10 billion and is part of the Technology sector and Software – Application industry.

Conference Call

SVMK Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.surveymonkey.com

SVMK Inc. provides survey software products and purpose-built solutions that enable organizations to engage with their customers, employees, and the markets they serve in the United States and internationally. Its cloud-based SaaS platform helps individuals and organizations to design and distribute surveys that generate an average of approximately 20 million answered questions daily across approximately 190 countries and territories.