SVMK: 4Q Earnings Snapshot

SAN MATEO, Calif. (AP) _ SVMK Inc. (SVMK) on Thursday reported a loss of $18.3 million in its fourth quarter.

The San Mateo, California-based company said it had a loss of 13 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 3 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The company posted revenue of $101 million in the period, which met Street forecasts.

For the year, the company reported that its loss widened to $91.6 million, or 65 cents per share. Revenue was reported as $375.6 million.

SVMK shares have risen almost 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $27.48, an increase of 51% in the last 12 months.

_____

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