Smartsheet (SMAR) Tops Q2 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Outlook Above Consensus

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Go back to Smartsheet (SMAR) Tops Q2 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Outlook Above Consensus

Smartsheet Inc. Announces Second Quarter Fiscal Year 2019 Results

September 4, 2018 4:08 PM EDT

Second quarter total revenue grew 59% year-over-year to $42.4 million Second quarter GAAP operating loss was $13.0 million, non-GAAP operating loss was $8.7 million Net operating cash flow was negative $1.1 million, net free cash flow was negative $4.2 million

BELLEVUE, Wash.--(BUSINESS WIRE)-- Smartsheet Inc. (NYSE: SMAR), a leading cloud-based platform for work execution, today announced financial results for its second fiscal quarter ended July 31, 2018.

Q2 was a strong quarter with revenue growing 59% year-over-year and net dollar retention rate... More