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EX - 99.1 2 exhibit991 - q2x10xqx07312021.htm EX - 99.1 Q2 Subscription Revenue of $ 117.4 Million , up 26 % Year - over - Year Q2 Total Revenue of $ 144.1 Million , up 25 % Year - over - Year ● Medallia Reports Record Second Quarter Fiscal 2022 Revenue SAN FRANCISCO -- ( BUSINESS WIRE ) -- September 2 , 2021 -- Medallia , Inc. ( NYSE : MDLA ) , the global leader in customer and employee experience , today announced financial results for the quarter ended July 31 , 2021 . " I was very pleased with our second quarter results , " said Leslie Stretch , President and CEO of Medallia . " We had strong enterprise and mid - market new business execution as well as solid expansion performance . Our highly differentiated platform and focus on voice of customer and voice of employee in today's digital - first world positions us well for the future . " Financial Highlights for the Second Quarter of Fiscal 2022 Total revenue for the quarter was $ 144.1 million , an increase of 25 % from the same period last year . Subscription revenue was $ 117.4 million , an increase of 26 % from the same period last year . Loss from operations for the quarter was $ ( 59.8 ) million , compared to loss from operations of $ ( 34.5 ) million in the same period last year . Non - GAAP loss from operations for the second quarter was $ ( 12.2 ) million , compared to $ 2.5 million income from operations in the same period last year . Net loss for the quarter was $ ( 62.5 ) million , or $ ( 0.39 ) per share , basic and diluted , compared to net loss of $ ( 35.2 ) million , or $ ( 0.25 ) per share , basic and diluted , in the same period last year . Non - GAAP net loss was $ ( 14.1 ) million , or $ ( 0.09 ) per share , basic and diluted , compared to non - GAAP net income of $ 1.0 million , or $ 0.01 per share , diluted , in the same period last year . Cash , cash equivalents and marketable securities were $ 507.6 million as of July 31 , 2021 . Transaction with Thoma Bravo Exhibit 99.1 For information regarding the non - GAAP financial measures discussed in this press release , please see the section titled " Non - GAAP Financial Measures . " Reconciliations between GAAP and non - GAAP financial measures are provided in the tables of this press release . About Medallia Due to the Company's pending acquisition by Thoma Bravo that was announced on July 26 , 2021 , there will not be a conference call or live webcast to discuss these financial results . In addition , the Company will not be providing financial guidance for the third quarter of fiscal year 2022 and is suspending its financial guidance for the full fiscal year 2022 as a result of the pending transaction . Medallia ( NYSE : MDLA ) is the pioneer and market leader in customer , employee , citizen and patient experience . The company's award - winning SaaS platform , Medallia Experience Cloud , is becoming the experience system of record that makes all other applications customer and employee aware . The platform captures billions of experience signals across interactions including all voice , video , digital , IoT , social media and corporate messaging tools . Medallia uses proprietary artificial intelligence and machine learning technology to automatically reveal predictive insights that drive powerful business actions and outcomes . Medallia customers reduce churn , turn detractors into promoters and buyers , create in - the - moment cross - sell and up - sell opportunities and drive revenue impacting business decisions , providing clear and potent returns on investment . For more information visit www.medallia.com . 1