Smartsheet Inc. Announces First Quarter Fiscal Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Smartsheet (SMAR) Tops Q1 EPS by 6c, Beats on Revenues; Offers FY19 EPS/Revenue Outlook Above Consensus
June 4, 2018 4:12 PM EDTSmartsheet (NYSE: SMAR) reported Q1 EPS of ($0.12), $0.06 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $36.3 million versus the consensus estimate of $33.16 million.
We had a strong start to the year with revenue in the first quarter growing 63 percent year-over-year, said Mark Mader, CEO of Smartsheet. Our software empowers business users to deliver work at scale faster and with better visibility, and these capabilities continue to resonate with customers and prospects around the world."
Our revenue growth was driven by healthy expansion rates from our existing customers, the addition of... More
