SurveyMonkey Q3 revenues up 20%
The financial results found the company had total revenue of $95.4m for the three months to 30 September 2020, which was 20% more than the same period in 2019.
However, SurveyMonkey made a net loss of $26.1m. It has cash and cash equivalents of $206.3m and net debt of $7.8m.
Enterprise sales rose 53% year-on-year for the quarter to $27.4m, and self-serve revenue was $68m, a 24% year-on-year increase.
SurveyMonkey said that it had 803,000 paying users, up 90,000 on the third quarter of 2019.
Zander Lurie, chief executive officer of SurveyMonkey, said the results showed a “strong quarter” for the company, particularly its growth in revenue.
We hope you enjoyed this article.
Research Live is published by MRS.
The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.
Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.
For example, there's an archive of winning case studies from over a decade of MRS Awards.
Find out more about the benefits of joining MRS here.
0 Comments