Categories Earnings, Technology

Smartsheet Inc (SMAR): Q3 2020 Earnings Snapshot

— Smartsheet Inc (NYSE: SMAR) reported third-quarter 2019 loss of $0.15 per share, vs. $0.18 per share loss expected.

— Net revenue grew 53% to $71.5 million, vs. $69.7 million expected.

— 83,139 domain-based customers at the end of Q3.

— For Q4, expects revenue of $77-78 million and adjusted loss per share of $0.17 to $0.16.

— For full year 2020, expects revenue of $269.4-270.4 million and adjusted loss per share of $0.53 to $0.52.

— SMAR shares rose 2.7% immediately following the announcement. 

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