- Momentive Global press release ( NASDAQ: MNTV ): Q4 Non-GAAP EPS of $0.14 beats by $0.04 .
- Revenue of $122.39M (+4.3% Y/Y) beats by $1.09M .
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Announces Workforce Reduction Plan
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- Sales-assisted revenue was $49.3 million, an increase of 23% year-over-year. Sales-assisted revenue accounted for approximately 40% of total revenue, up from approximately 34% in Q4 2021. We ended the quarter with approximately 14,500 sales-assisted customers, up 23% from approximately 11,900 in Q4 2021.
- Self-serve revenue was $73.1 million, a decrease of 6% year-over-year.
- Deferred revenue was $207.4 million, an increase of 3% year-over-year. Remaining performance obligations were $238.8 million, an increase of 5% year-over-year.
- Paying users totaled approximately 887,400, an increase of 1% from approximately 879,600 in Q4 2021. Approximately 93% of our paying users were on annual plans, up from 91% a year ago.
- Average revenue per user was approximately $544, up 3% from approximately $530 in Q4 2021.
- Q1 revenue growth to be 0-2%. Non-GAAP op. margin to be 6-8%.
For further details see:
Momentive Global Non-GAAP EPS of $0.14 beats by $0.04, revenue of $122.39M beats by $1.09M