Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Qualtrics Jumps After Revising Guidance One More Time

Stock Markets Jul 21, 2021 12:38PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Dhirendra Tripathi

Investing.com – Qualtrics (NASDAQ:XM) stock rose 3% Wednesday as the company revised its annual guidance for the second time while reporting second quarter numbers that beat estimates.

The company expects 2021 total revenue to come between $1.007 billion and $1.011 billion. Diluted adjusted earnings per share is seen flat to a 2 cent loss per share.

The company had in April guided diluted adjusted loss per share of 13 cents to 11 cents on $980 million to $984 million revenue.

It had revised its guidance in April after giving it first in March.

Qualtrics makes software that helps companies engage better with their consumers and employees.  

The company’s total revenue for the second quarter was $249.3 million, up from $181 million in the quarter year ago.

While revenue rose 38%, operating expenses soared 79%, mainly on account of general and administrative costs that more than trebled. Research and development expenses rose too while sales and marketing costs increased negligibly.  

As a result, net loss more than doubled to $263.5 million from $127.5 million.

 

 

 

Qualtrics Jumps After Revising Guidance One More Time
 

Related Articles

Germany stocks mixed at close of trade; DAX up 0.35%
Germany stocks mixed at close of trade; DAX up 0.35% By Investing.com - Jun 28, 2022

Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Utilities, Insurance and Food & Beverages sectors led shares higher while losses in the...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Hayley Mills
Hayley Mills Jul 23, 2021 10:03AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Qualtrics your futures look good
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email