Anaplan Announces Second Quarter Fiscal Year 2020 Financial Results

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Anaplan Inc. (PLAN) PT Raised to $65 at Canaccord Genuity

August 28, 2019 7:04 AM EDT

Canaccord Genuity analyst Richard Davis raised the price target on Anaplan Inc. (NYSE: PLAN) to $65.00 (from $50.00) while maintaining a Buy rating. Anaplan reported an across-the-board upside as RPO increased by 56%, its fastest growth in 8 quarters, and the firm posted a FCF... More

Anaplan, Inc. (PLAN) Tops Q2 EPS by 4c, Revenues Beat; Offers Q3 & FY20 Revenue Guidance Above Consensus

August 27, 2019 7:37 AM EDT

Anaplan, Inc. (NYSE: PLAN) reported Q2 EPS of ($0.12), $0.04 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $84.5 million versus the consensus estimate of $78.24 million.

Second Quarter Fiscal 2020 Financial Results

Total revenue was $84.5 million, an increase of 46% year-over-year. Subscription revenue was $73.6 million, an increase of 48% year-over-year.GAAP operating loss was $41.2 million or 48.7% of total revenue, compared to $19.9 million in the second quarter of fiscal 2019 or 34.5% of... More