Qualtrics posts surprise profit and ups its forecast to $1B in annual revenue
Qualtrics International Inc. is taking well to the single life.
The experience management platform provider, which recently split from SAP SE, posted a surprise second-quarter profit today as it topped Wall Street’s expectations on revenue for the second quarter in a row.
The company reported a profit before certain costs such as stock compensation of four cents per share on revenue of $249.3 million, up 38% from a year ago. The results came as a surprise to analysts, who had been looking for a loss of 2 cents per share on revenue of just $241.7 million.