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%.  

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