Earnings Results: Qualtrics stock rises after quarterly revenue jump that beats analysts’ expectations

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Qualtrics International Inc.’s stock rose 2% in extended trading Wednesday after the software company announced fourth-quarter results and revenue guidance that exceeded analysts’ forecasts.

Qualtrics XM on Wednesday reported that revenue jumped 23% to $389.1 million from $316 million a year ago. Qualtrics lost $256.4 million, or 43 cents a share, compared with a loss of $309.8 million, or 56 cents a share, a year ago. Adjusted earnings were 3 cents a share, an improvement from an adjusted loss of 7 cents a share in the holiday…

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