UserTesting Inc. (NASDAQ: USER) shares gained 29.33% in the previous session after the company reported robust Q4 and FY 2021 results. The company’s CEO, Andy MacMillan, said that strong momentum in its business continued in Q4, with revenue jumping 45% YoY. In addition, MacMillan indicated that their investments across the go-to-market continue to expand use cases and drive awareness, thus boosting results.
Total revenue in Q4 2021 was $2.5 million, a YoY growth of 45%. Subscription revenue was up 495 YoY to $39.8 million. The company reported a net loss of $16.9 million or $0.22 per share relative to $7.8 million or $0.47 per share a year ago.
Oak Street Health Inc. (NASDAQ: OSH) shares jumped 26.61% in the last session after the company reported its full-year earnings and revenue report. The unaudited Q4 2021 revenue beat expectations at $394.1 million compared to analyst estimates of $386.65 million. Loss per share in the fourth quarter was $0.62 per share, missing estimates of $0.55 per share. In addition, the company reported 62% YoY revenue growth to $1.43 billion for the full year.
CEO Mike Pykosz stated that they had a strong quarter with favorable results at the high end of forecast across metrics. He added that the quarter capped a year in which the company advanced significantly in the journey to transform adult healthcare.
For the first quarter, the company anticipates revenue of $505 million to $510 million and full-year 2022 revenue of between $2.1 billion and $2.135 billion.
ForgeRock Inc. (NYSE: FORG) was up 18.3% in the last session after the company announced a strong Q4 result. The company’s Q4 2021 results outperformed guidance in all metrics, and going into 2022, the company is witnessing considerable momentum. The company added a record number of clients with more than $100,000 Annualized Recurring Revenue (ARR) during the quarter, bringing its totals to 394.
Total revenue during the quarter was $47.9 million representing Yoy growth of 19%. GAAP net loss was $12.4 million or $0.15 per diluted share relative to a net income of $2 million or $0.06 per share in Q4 2020. The company reported 39% YoY growth in revenue to $176.9 million for the full year, while net loss was $47.8 million or $1.14 per share. Non-GAAP net loss in 2021 was $37 million or $0.89 per share.
The company’s CEO Fran Rosch stated that 2021 was a momentous year for the company in, which is accelerated ARR growth, and going to 2022, they are raising the bar. This year the company expects total revenue of $212 million to $215 million and a non-GAAP net loss of $0.38 to $0.34 per share.