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Smartsheet (SMAR) Tops Q1 EPS by 6c, Beats on Revenues; Offers FY19 EPS/Revenue Outlook Above Consensus

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Smartsheet Inc. Announces First Quarter Fiscal Year 2019 Results

June 4, 2018 4:05 PM EDT

First quarter total revenue grew 63% year-over-year to $36.3 million First quarter GAAP operating loss was $13.0 million, non-GAAP operating loss was $11.0 million Net operating cash flow was negative $8.2 million, net free cash flow was negative $9.7 million

BELLEVUE, Wash.--(BUSINESS WIRE)-- Smartsheet Inc. (NYSE: SMAR), a leading cloud-based platform for work execution, today announced financial results for its first fiscal quarter ended April 30, 2018.

We had a strong start to the year with revenue in the first quarter growing 63... More