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MarketScreener Homepage  >  Equities  >  Nyse  >  Medallia, Inc.    MDLA

MEDALLIA, INC.

(MDLA)
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Medallia : Sponsors Pip Hare to Compete in the Vendée Globe

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07/01/2020 | 08:06am EDT

Supports British sailor in bid to break record in solo round-the-world race

Medallia, Inc. (NYSE: MDLA), the global leader in experience management, today announced its sponsorship of British professional sailor Pip Hare in her attempt to sail single-handed, non-stop around the world as a competitor in the 2020-2021 Vendée Globe. Hare will be the skipper of Medallia, a 60ft IMOCA class boat which she will use to complete in the Vendée Globe in November – a feat achieved by fewer than 80 experienced sailors throughout the competition’s 30 plus year history – and break the current female record held by Dame Ellen MacArthur.

The Vendée Globe takes place every four years, with the ninth edition of the race departing on November 8, 2020 from Les Sables d’Olonne, France. Hare is one of six female skippers registered for the race – out of a total of 35 – and is hoping to make history by being the eighth female ever to complete the 24,000 mile race whilst aiming to beat MacArthur’s time of 94 days, 4 hours and 25 minutes.

“My entire 28-year career has been focused on breaking down barriers to get to this point. More men have walked on the moon than women have completed the Vendée Globe, which is all the inspiration I need to succeed,” said Pip Hare. “It’s been a lonely path to get this far, so I am absolutely thrilled that such a visionary company as Medallia has stepped in to make my lifelong dream a reality.”

In the lead up to November’s departure, Pip will skipper Medallia in a number of warm-up races, including the Lonely Rock Race and the Round The Island race.

“Medallia has a rich history of helping customers and partners achieve excellence and success. We believe this synergy in goals made us the ideal partner to support such a focused, talented athlete like Pip,” said Leslie Stretch, CEO of Medallia. “Her skill, ambition and determination to break down barriers in sport is hugely inspirational and we are proud to be working with her as she competes in what is probably the toughest endurance race in the world, the Vendée Globe.”

Learn more about Medallia’s sponsorship.

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About Medallia

Medallia (NYSE: MDLA) is the pioneer and market leader in Experience Management. Medallia’s award-winning SaaS platform, the Medallia Experience Cloud™, leads the market in the understanding and management of experience for customers, employees and citizens. Medallia captures experience signals created on daily journeys in person, digital and IoT interactions and applies proprietary AI technology to reveal personalised and predictive insights that can drive action with tremendous business results. Using Medallia Experience Cloud, customers can reduce churn, turn detractors into promoters and buyers, and create in-the-moment cross-sell and up-sell opportunities, providing clear and potent returns on investment.

www.medallia.com

© 2020 Medallia, Inc. All rights reserved. Medallia®, the Medallia logo, and the names and marks associated with Medallia’s products are trademarks of Medallia. All other trademarks are the property of their respective owners.


© Business Wire 2020
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Financials (USD)
Sales 2021 462 M - -
Net income 2021 -110 M - -
Net cash 2021 362 M - -
P/E ratio 2021 -40,3x
Yield 2021 -
Capitalization 4 364 M 4 364 M -
EV / Sales 2021 8,65x
EV / Sales 2022 7,25x
Nbr of Employees 1 579
Free-Float 90,1%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 13
Average target price 34,67 $
Last Close Price 30,92 $
Spread / Highest target 68,2%
Spread / Average Target 12,1%
Spread / Lowest Target -12,7%
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Managers
NameTitle
Leslie James Stretch President, Chief Executive Officer & Director
Borge Hald Executive Chairman & Chief Strategy Officer
Roxanne M. Oulman Chief Financial Officer & Executive VP
Mikael J. Ottosson Chief Technology Officer & Executive VP
Amy E. Pressman Director
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