Smartsheet (SMAR) Tops Q1 EPS by 8c, Revenues Beat; Offers 2Q & FY21 Revenues Below Consensus, Provides 2Q & FY21 EPS Guidance

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Smartsheet Inc. Announces First Quarter Fiscal Year 2021 Results

June 3, 2020 4:07 PM EDT

First quarter total revenue grew 52% year over year to $85.5 million First quarter net operating cash flow was negative $24.3 million, net free cash flow was negative $28.2 million

BELLEVUE, Wash.--(BUSINESS WIRE)-- Smartsheet Inc. (NYSE: SMAR), the platform for enterprise achievement, today announced financial results for its first fiscal quarter ended April 30, 2020.

"We delivered a good first quarter, given the market conditions," said Mark Mader, President and CEO of Smartsheet. Smartsheet has become an increasingly mission-critical platform for enterprises seeking to enable a dynamic workforce;... More