Qualtrics International (NASDAQ: XM) , the leader and creator of the experience-management (XM) category, reported fourth-quarter and full-year 2021 results after the market close on Wednesday.
Shares gained 11.8% in Wednesday's after-hours trading session. The market's positive reaction is attributable to revenue easily beating Wall Street's consensus estimate and top-line guidance for both the first-quarter and full-year 2022 coming in significantly higher than analysts had been expecting.
The company's bottom-line result for the fourth quarter fell short of the consensus estimate, while its bottom-line guidance for both the first-quarter and full-year 2022 was in line with expectations.
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Qualtrics Stock Surges on Revenue Beat and Strong Top-Line Guidance