(24/7 MARKET NEWS) – Qualtrics (NASDAQ: XM) reported, after yesterday’s market close, its financial results for the fourth quarter and fiscal year ended December 31, 2022. Highlights include a 36% year-over-year increase in 2022 total revenues, to $1,458.6M, and a 23% year-over-year increase in fourth quarter 2022 total revenues, to $389.1M.
Qualtrics is trading at $14.55, up $3.34 (+29.79%), on 1.3 million shares traded.
Its 52-week range is $9.32 to $32.81. It’s already blown through its recent resistance levels. If can break into the $16 level and increase its trading volume, it could try to challenge the April trading levels.
24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.