Smartsheet (SMAR) Tops Q3 EPS by 7c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

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Go back to Smartsheet (SMAR) Tops Q3 EPS by 7c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

Smartsheet Inc. Announces Third Quarter Fiscal Year 2019 Results

December 3, 2018 4:09 PM EST

Third quarter total revenue grew 59% year-over-year to $46.9 million Third quarter GAAP operating loss was $16.4 million, non-GAAP operating loss was $10.2 million Net operating cash flow was positive $2.4 million, net free cash flow was negative $2.0 million

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

"Our momentum continued in Q3 with revenue growing 59% year-over-year and dollar-based net retention rate... More