What happened Shares of SVMK (NASDAQ: SVMK), the parent company of SurveyMonkey, jumped on Friday following a fourth-quarter report that beat analyst expectations. Revenue was up by a double-digit percentage, and the company's guidance called for similar growth in 2020. The stock was up about 18.9% at 12:20 p.m. EST today. So what Fourth-quarter revenue was $84.3 million, up 24% year over year and about $500,000 higher than the average analyst estimate. Enterprise sales accounted for 25% of total revenue, up from 13% in the prior-year period. The company had 6,578 enterprise customers at the end of the quarter, up 84% year over year, and 720,921 paying users, up 11%. Image source: Getty Images. Non-GAAP (adjusted) earnings per share came in at a loss of $0.02, an improvement from a loss of $0.03 in the prior-year period and $0.02 better than analysts were expecting. The company produced free cash flow of $6.6 million in the fourth quarter, and $40.2 million for the full year. "I've never been more excited about the opportunity ahead," said CEO Zander Lurie. Now what For the first quarter, the software-as-a-service company expects to produce revenue between $85 million and $86 million, up about 25% year over year. On a non-GAAP (adjusted) basis, it expects an operating margin between negative 2% and negative 4%. For the full year, SVMK sees revenue in a range of $375 million to $381 million, up 22% to 24% from 2019. Non-GAAP operating margin is expected between 1% and 2%, and the company anticipates free cash flow between $40 million and $43 million. With SVMK beating estimates across the board and guiding for continued strong growth in 2020, investors found plenty of reasons to bid up the stock. 10 stocks we like better than SVMK IncWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and SVMK Inc wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Timothy Green has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source