Anaplan, Inc. (PLAN) Tops Q4 EPS by 5c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance Above Consensus

Anaplan, Inc. (NYSE: PLAN) reported Q4 EPS of ($0.13), $0.05 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $69.3 million versus the consensus estimate of $63.18 million.

“We are proud of our achievements both in our fourth quarter and the full fiscal year. We are experiencing incredible momentum and continue to be the leader in Connected Planning,” said Frank Calderoni, chief executive officer at Anaplan. “We see our customers transform their businesses with better decision making, and they see impressive results that our platform provides across their entire enterprise. This is just the beginning, and we know there is so much more opportunity ahead in this next fiscal year.”

Fourth Quarter Fiscal 2019 Financial Results

• Total revenue was $69.3 million, an increase of 49% year-over-year. Subscription revenue was $59.7 million, an increase of 44% year-over-year.
• GAAP operating loss was $32.7 million or 47.2% of total revenue, compared to $19.8 million in the fourth quarter of fiscal 2018 or 42.7% of total revenue. Non-GAAP operating loss was $15.9 million, or 22.9% of total revenue, compared to $16.4 million in the fourth quarter of fiscal 2018, or 35.4% of total revenue.
• GAAP loss per share was $0.27, compared to $0.97 in the fourth quarter of fiscal 2018. Non-GAAP loss per share was $0.13, compared to $0.18 in the fourth quarter of fiscal 2018.
• Cash and Cash Equivalents were $326.9 million as of January 31, 2019.

GUIDANCE:

Anaplan, Inc. sees Q1 2019 revenue of $70-71 million, versus the consensus of $65.99 million.

Anaplan, Inc. sees FY2019 revenue of $310-314 million, versus the consensus of $301.19 million.

For earnings history and earnings-related data on Anaplan, Inc. (PLAN) click here.

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