Smartsheet (SMAR) Tops Q2 EPS by 10c, Revenues Beat; Offers 3Q & FY21 Revenue Guidance Above Consensus, Provides 3Q & FY21 EPS Outlook

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Smartsheet Inc. Announces Second Quarter Fiscal Year 2021 Results

September 2, 2020 4:09 PM EDT

Second quarter total revenue grew 41% year over year to $91.2 million Second quarter net operating cash flow was negative $1.3 million, net free cash flow was negative $4.4 million

BELLEVUE, Wash.--(BUSINESS WIRE)-- Smartsheet Inc. (NYSE: SMAR), the enterprise platform for dynamic work, today announced financial results for its second fiscal quarter ended July 31, 2020.

"These results are a reflection of the stabilization we are seeing in the marketplace," said Mark Mader, President and CEO of Smartsheet. "Were confident in the value of our... More