Categories Earnings, Technology

Anaplan (NYSE: PLAN): Q4 2020 Earnings Snapshot

— Anaplan Inc. (NYSE: PLAN) reported a fourth-quarter 2020 loss of $0.07 per share versus a loss of $0.10 per share expected.

— Total revenue climbed by 42% to $98.2 million versus $97.15 million expected. Subscription revenue soared by 50% year-over-year.

Earnings Update by AlphaStreet

— There was $656 million of the remaining performance obligation, which is up 49% year-over-year. The dollar-based net expansion was 122%.

— The company continues to see incredible growth opportunities with the growing demand for its platform. Anaplan continues to see a massive opportunity and continued momentum for the coming year.

— Looking ahead into the first quarter of 2021, the company expects total revenue in the range of $102-103 million and an adjusted operating margin to be in the negative 17.5-18.5% range. The consensus estimates revenue of $102.48 million.

— For fiscal 2021, the total revenue outlook is lifted to the range of $463-467 million from the previous range of $455-460 million. The consensus estimates revenue of $460.4 million. The adjusted operating margin is predicted to be in the negative 12.5-13.5% range.

— The company said Mark Anderson, Chief Growth Officer, plans to step back and will no longer be an employee. He will help ensure a smooth transition by continuing to advise the company. The company has no plans to backfill this position.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Amazon (AMZN) ups the ante in the AI race. Is the stock a buy?

For Amazon.com, Inc. (NASDAQ: AMZN), expanding the cloud infrastructure business has been a key priority lately, while maintaining its dominance in the e-commerce market. Currently, the company is busy ramping

LEN, KBH: How did the third quarter turn out for these homebuilders?

Homebuilders Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) reported their third quarter 2023 earnings results recently. Both companies saw their revenues and profits fall during the period amid

KMX Earnings Preview: Will CarMax return to the fast lane this year?

CarMax, Inc. (NYSE: KMX) is preparing to publish second-quarter results on Thursday. Over the years, it has evolved into a diversified company, with the scale of operations and omnichannel strategy

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top