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Momentive (NASDAQ: MNTV) reported Q2 2022 total revenue of $120.2 million, up 10% year-over-year. Sales-assisted channel revenue surged 30% to $44.1 million, accounting for 37% of total sales. The company saw a 67% rise in sales-assisted channel customers, totaling approximately 15,700. Non-GAAP net income was $0.4 million, while GAAP net loss reached $28.6 million. Momentive plans to enhance profitability in H2 2022, targeting $479 million to $485 million in full-year revenue. Changes in executive leadership were also announced, including the appointment of Lauren Antonoff to the board.
Momentive (Nasdaq: MNTV) announced the launch of its GetFeedback integration with Zendesk on July 28, 2022. This bi-directional integration merges customer feedback from GetFeedback with Zendesk’s customer data, aiming to eliminate data silos and enhance customer experience.
Key features include automated surveys post-ticket resolution, contextual insights to measure sentiment, improved customer support interactions, and data sharing for informed decision-making. This integration addresses a notable demand from CX professionals for real-time customer insights, thereby reinforcing Momentive’s commitment to enhancing customer experience management.
Momentive (NASDAQ: MNTV), known for SurveyMonkey, will report its second quarter financial results on August 4, 2022. The earnings call is scheduled for 2 PM PT (5 PM ET) and will be available via telephonic and webcast options. Following this, a virtual investor day will take place on August 5, 2022, at 9 AM PT (12 PM ET) with presentations and a Q&A session. Archived webcasts will be accessible later on their Investor Relations website, highlighting the company's commitment to enhancing experience management through innovative solutions.
Momentive (NASDAQ: MNTV), known for its experience management solutions and SurveyMonkey, will present at the 17th Annual Needham Technology & Media Conference on May 18, 2022. The live webcast will occur at 3:00 PM ET and will be accessible via Momentive's Investor Relations page. Momentive empowers over 345,000 organizations globally, enhancing experiences through its products, including GetFeedback and SurveyMonkey. The company aims to elevate human experiences by integrating technology and individual voices.
Momentive (NASDAQ: MNTV) announced the launch of Idea Screening, an insights solution aimed at enhancing concept testing for marketers and product developers. This AI-powered tool enables users to quickly validate early-stage ideas, claims, and concepts, significantly reducing the time and costs associated with traditional research methods. With access to a global panel of over 175 million participants, the platform boasts features like automated analysis, user-friendly interfaces, and flexibility to test multiple stimuli, ensuring high-quality insights are delivered promptly.
Momentive (NASDAQ: MNTV) reported a 14% year-over-year revenue increase to $117 million for Q1 2022, exceeding revenue and profitability guidance. Key results included a 32% rise in sales-assisted channel revenue to $41.2 million, driven by a 55% increase in sales-assisted customers. The company also repurchased 2.4 million shares for $36.4 million and improved its deferred revenue by 15% to $216.2 million. However, it recorded a GAAP net loss of $37.4 million. Looking ahead, Q2 2022 revenue is projected between $120-$122 million with a non-GAAP operating margin of 1%-3%.
Momentive (NASDAQ: MNTV) is hosting its second annual virtual brand and market insights summit, FastForward, on May 10, 2022. The event features sessions led by notable figures including two-time World Cup champion Megan Rapinoe and executives from IBM and ClickUp. Attendees will explore new insights technologies and methodologies aimed at enhancing brand performance during uncertain times. Key sessions will unveil innovative solutions for concept testing and brand tracking, including custom benchmarks and comparison features. Register for free online to gain valuable business insights.
Momentive (NASDAQ: MNTV), the maker of SurveyMonkey, announced its upcoming first quarter financial results for the period ending March 31, 2022, scheduled for release on May 4, 2022. The company will host a conference call at 2 p.m. PT (5 p.m. ET) on the same day to discuss the results. Momentive specializes in agile experience management, offering solutions like GetFeedback and SurveyMonkey to assist over 345,000 organizations worldwide in enhancing their customer and employee experiences.
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