UserTesting (NYSE:USER – Get Rating) issued an update on its second quarter 2022 earnings guidance on Monday morning. The company provided EPS guidance of -$0.10–$0.10 for the period, compared to the consensus EPS estimate of -$0.10. The company issued revenue guidance of $46.50 million-$47.50 million, compared to the consensus revenue estimate of $46.81 million.UserTesting also updated its FY 2022 guidance to -$0.39–$0.37 EPS.
Shares of USER stock traded up $0.55 during trading on Thursday, hitting $5.07. 361,913 shares of the stock traded hands, compared to its average volume of 370,618. The firm’s fifty day moving average price is $8.44. UserTesting has a 52-week low of $4.14 and a 52-week high of $15.98.
UserTesting (NYSE:USER – Get Rating) last released its quarterly earnings results on Wednesday, May 4th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.02. The firm had revenue of $45.90 million for the quarter, compared to analysts’ expectations of $43.58 million. The firm’s revenue was up 47.6% on a year-over-year basis. On average, sell-side analysts forecast that UserTesting will post -0.63 EPS for the current fiscal year.
In other UserTesting news, major shareholder Insight Holdings Group, Llc purchased 83,925 shares of the company’s stock in a transaction on Friday, March 4th. The stock was acquired at an average price of $9.91 per share, for a total transaction of $831,696.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders acquired 512,905 shares of company stock valued at $4,583,120.
About UserTesting (Get Rating)
UserTesting, Inc engages in the operation of a software-as-a-service (SaaS) platform that enables organizations to know experiences of people as they engage with products, designs, apps, processes, concepts, or brands in the United States, the United Kingdom, and internationally. Its platform captures customer perspectives from targeted audiences who share their thoughts for digital, real-world, or omnichannel experiences.
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