Categories Earnings, Technology

Smartsheet Inc (SMAR): Q4 2020 Earnings Snapshot

— Smartsheet Inc (NYSE: SMAR) reported fourth-quarter 2020 loss of $0.13 per share, vs. $0.16 per share loss expected.

— Q4 net revenue grew 51% to $78.5 million, vs. $77.67 million expected. Calculated billings grew 58% YoY to $101.5 million

Smartsheet Q4 2020

— 84,000 domain-based customers at the end of Q4.

— For Q1 2020, expects revenue of $82-83 million and adjusted loss per share of $0.19 to $0.21.

— For full year 2021, expects revenue of $373-378 million and adjusted loss per share of $0.55-0.62. 

— SMAR shares ended Tuesday’s trading session up 14%.  

Also Read:  Momo Inc. (MOMO) Q2 2020 Earnings Call Transcript

Most Popular

COVID-19 drove retailers up the digital path years ahead than anticipated

Earlier we looked into how, during the COVID-19 pandemic, retailers saw changing trends in terms of their assortments and how the acceleration of online shopping led many of them to

Snowflake (SNOW) creates a record as the most successful software IPO ever; stock more than doubles

Data is at the heart of business innovation. Recognizing this trend, companies are seeking ways to transform their businesses by capturing, analyzing, and mobilizing data. The public cloud is becoming

Adobe (ADBE) sees new tailwinds as virtual shift gathers steam

The second half has been highly rewarding for design software maker Adobe Inc. (NASDAQ: ADBE) amid stable demand for digital content solutions. The company has remained unaffected by the virus-related

Top