SVMK: 3Q Earnings Snapshot
SAN MATEO, Calif. (AP) _ SVMK Inc. (SVMK) on Thursday reported a loss of $26.1 million in its third quarter.
On a per-share basis, the San Mateo, California-based company said it had a loss of 19 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 1 cent per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 1 cent per share.
The company posted revenue of $95.4 million in the period.
For the current quarter ending in December, SVMK said it expects revenue in the range of $99 million to $101 million.
SVMK shares have risen 24% since the beginning of the year. The stock has climbed 24% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SVMK at https://www.zacks.com/ap/SVMK
