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Medallia Announces Financial Results for 2003
MENLO PARK, CA—July 28, 2004—Medallia reported that it achieved full-year profitability in the fiscal year ended December 31, 2003, and that revenues increased more than 600% from fiscal year 2002 to 2003. “The results are excellent,” said Medallia CFO Amy Pressman. ”Once again we far exceeded our revenue estimates. It’s an understatement to say that we are thrilled.” When asked to explain the phenomenal results, Pressman said: “We are uniquely positioned to help companies win the battle for the customer by leveraging technology. It shows in our rapid growth.”
About Medallia
Medallia (www.medallia.com), founded in 2001, provides enterprise feedback solutions to Global 2000 companies. More than 25,000 businesses and business units around the world use the Medallia system to track customer satisfaction. Medallia’s solutions enable companies to gather, monitor, and act on feedback from customers, partners, and employees. Customers include global hotel, financial services, retail, and high-tech companies. The company is headquartered in Menlo Park in Silicon Valley.
