Anaplan Announces First Quarter Fiscal Year 2021 Financial Results
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Anaplan Inc. (PLAN) PT Raised to $58 at Mizuho Securities
May 26, 2020 1:13 PM EDTMizuho Securities analyst Siti Panigrahi raised the price target on Anaplan Inc. (NYSE: PLAN) to $58.00 (from $50.00) while maintaining a Buy rating.
The analyst commented, "Anaplan reported mixed FQ1 results, and lowered FQ2 guidance while rescinding its FY 2021 guidance. The company experienced significant... More
Anaplan, Inc. (PLAN) Tops Q1 EPS by 4c, Revenues Beat; Offers 2Q Revenue Guidance Below Consensus
May 26, 2020 7:32 AM EDTAnaplan, Inc. (NYSE: PLAN) reported Q1 EPS of ($0.10), $0.04 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $103.8 million versus the consensus estimate of $101.08 million.
First Quarter Fiscal 2021 Financial Results
Total revenue was $103.8 million, an increase of 37% year-over-year. Subscription revenue was $93.8 million, an increase of 44% year-over-year.GAAP operating loss was $38.8 million or 37.3% of total revenue, compared to $37.1 million in the first quarter of fiscal 2020 or 48.9% of total revenue. Non-GAAP operating loss was... More