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Jan 27, 2021
1:07:19pm
NewYorkCougar Starter
I am very wary of Qualtrics and its earnings potential
I work in this industry and Qualtrics has one product, a survey product, that they've rebranded four or so different times for use in specific fields like Human Resources or Product Management, but it's all just the same product, a survey product with different skins/reports for different use cases. Exactly how much money are they going to make as a one-trick pony? It was SHOCKING that SAP bought a company that had maybe $200 to $300 million in yearly revenue for $8 billion a few years ago. Their revenue has definitely gone up after being acquired by SAP, but they reported a $256 million dollar loss recently on $550 million in revenue. I just don't see how they continue to grow without acquiring other technologies and expanding into adjacent markets.
NewYorkCougar
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NewYorkCougar
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