Brokerages predict that UserTesting Inc (NYSE:USER – Get Rating) will report sales of $47.00 million for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for UserTesting’s earnings. The lowest sales estimate is $46.69 million and the highest is $47.36 million. The company is expected to issue its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that UserTesting will report full year sales of $198.93 million for the current fiscal year, with estimates ranging from $198.24 million to $199.26 million. For the next financial year, analysts anticipate that the business will post sales of $261.80 million, with estimates ranging from $257.52 million to $265.90 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow UserTesting.
UserTesting (NYSE:USER – Get Rating) last announced its quarterly earnings results on Wednesday, May 4th. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. The company had revenue of $45.90 million during the quarter, compared to analyst estimates of $43.58 million. The company’s revenue was up 47.6% on a year-over-year basis.
In other UserTesting news, major shareholder Insight Holdings Group, Llc acquired 176,936 shares of the company’s stock in a transaction on Wednesday, March 2nd. The shares were bought at an average cost of $9.65 per share, for a total transaction of $1,707,432.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have acquired a total of 436,711 shares of company stock worth $3,952,229 over the last 90 days.
Shares of USER traded down $0.27 during mid-day trading on Friday, reaching $4.55. The company had a trading volume of 3,406 shares, compared to its average volume of 376,717. The company’s fifty day simple moving average is $8.18. UserTesting has a fifty-two week low of $4.14 and a fifty-two week high of $15.98.
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.
- Get a free copy of the StockNews.com research report on UserTesting (USER)
- Institutions Ring The Register On Toll Brothers Stock
- Agilent Technologies Is Bottoming But Don’t Buy It Yet
- Dick’s Sporting Goods Falls Flat On Weak Guidance
- Two Retailers, One To Buy And One To Avoid
- It’s Time to Buy into Planet Fitness Stock
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for UserTesting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UserTesting and related companies with MarketBeat.com's FREE daily email newsletter.