- Medallia (NYSE:MDLA) is trading up 3.2%
after upside guidance offset the mixed Q1 results.
- For the first quarter, Medallia reported upside revenue of $131.4M (+17% Y/Y) and adjusted loss per share of $0.08, one cent worse than expected.
- Subscription revenue was up 19% to $106.1M.
- “I’m pleased with our performance in Q1. In addition to record subscription revenue we had our highest number of quarterly go-lives ever, as we added more new enterprise and mid-market customers,” says Leslie Stretch, President…
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