- Shares of customer experience software company Medallia have fallen more than 35% from all-time highs.
- Losses accelerated after the February tech rout as Medallia posted Q4 earnings results, despite beating Wall Street's expectations in the quarter.
- Investors took issue with the company's expectations of deceleration in Q1, despite a full-year FY22 outlook that topped consensus expectations.
- Medallia remains a fairly unique software play with very high-profile comps like Qualtrics, and has fallen to attractive valuations at ~7.5x current-year revenue.
For further details see:
Medallia: Time To Swoop In