Smartsheet

Smartsheet, Inc. engages in the design and development of cloud-based platform for work management. It offers ways for customers to plan and manage their work using grids, projects, cards, and calendars. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.

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Earnings data Q3 2024

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Earnings data Q1 2025

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Smartsheet reports robust Q1 performance amidst macro challenges

Smartsheet's Q1 2024 earnings call showcased strong financial performance and notable enterprise expansions. However, challenges in the macro environment have impacted sales productivity, leading to a focus on incremental marketing programs and real-time investment decisions. Despite over-performance in Q1, revenue guidance remains unchanged due to a conservative approach given the dynamic macro environment.

Smartsheet reports strong Q2 performance and anticipates $1B ARR

Smartsheet's Q2 earnings call highlighted robust financial performance, a growing customer base, and plans for future expansion. While facing challenges related to customer retention and sales force productivity, the company is well-positioned to capitalize on opportunities in the enterprise segment and the introduction of new modules. Overall, Smartsheet's performance reflects a positive trajectory for future growth.

Smartsheet exceeds Q3 revenue expectations, cautious outlook for FY '25

Smartsheet's Q3 performance exceeded expectations, with strong revenue growth and significant customer expansions. While facing challenges in SMB expansions and cautious outlook for FY '25, the company sees opportunities in AI integration and global expansion. The focus on self-discovery capabilities and partnerships also presents promising growth potential.

Smartsheet exceeds Q4 expectations, focuses on AI integration for growth

Smartsheet's Q4 performance showcased robust revenue growth, profitability, and customer expansion. The company's focus on product innovation, AI integration, and strategic partnerships positions it well for future growth. While macroeconomic challenges persist, Smartsheet's emphasis on enterprise customers and margin expansion presents opportunities for sustained success.

Smartsheet beats Q1 revenue targets, eyes platform growth opportunities

Smartsheet's Q1 performance exceeded expectations across key metrics.
The company's strengths lie in customer expansions, new plan success, and investments.
Challenges include macro conditions and international headwinds.
Opportunities in platform enhancements, market focus, and partner strategies.

Smartsheet exceeds Q2 revenue targets, eyes enterprise growth opportunities

Smartsheet delivered strong Q2 results, surpassing revenue targets and showcasing growth in key metrics.
While facing challenges in net retention and user conversion, the company's focus on enterprise solutions and product enhancements presents opportunities for future growth.
Recognition in the industry, notable customer expansions, and upcoming product modules position Smartsheet well for continued success and innovation.

Smartsheet surpasses Q3 revenue targets, eyes global expansion and AI integration

Smartsheet delivered strong Q3 results, exceeding revenue guidance and showcasing growth in billings and user base. The company's strategic expansions with key clients and focus on AI integration and global expansion position it well for future success.
While facing challenges in SMB expansions and evolving customer dynamics, Smartsheet's strengths in driving enterprise deals, modular feature development, and partnership strategies offer resilience. The company must navigate uncertainties around Gen AI and industry pressures to capitalize on growth opportunities.
Overall, Smartsheet's performance in Q3 reflects resilience and strategic foresight, with a balance of strengths, challenges, and opportunities shaping its path forward. Navigating industry dynamics and leveraging partnerships will be key to sustaining growth and innovation.

Smartsheet hits $1B ARR milestone, eyes growth amid challenges

Smartsheet's Q4 FY 2024 performance reflects strong financial results, notable customer expansions, and guidance for continued growth in FY '25, underpinned by key strengths in innovation and customer loyalty.
While facing challenges such as pressure on SMBs and margin improvement, the company has opportunities to leverage AI capabilities, address SMB weaknesses, and expand internationally for sustained growth.
Overall, Smartsheet's strategic focus on innovation, customer engagement, and market expansion positions it well for future success, despite navigating challenges and uncertainties in the business landscape.
Investors should monitor Smartsheet's execution of growth strategies, particularly in addressing SMB challenges, leveraging AI capabilities, and capitalizing on international opportunities to drive long-term value.

Smartsheet posts robust Q1 results, eyes sustained growth and innovation

Smartsheet's Q1 FY 2025 earnings call highlighted strong financial performance, customer expansions, and strategic initiatives like the collaboration with KPMG and new pricing model.
The company's focus on AI adoption, product development, and margin improvement underscores a commitment to innovation, customer value, and sustainable growth.
While facing challenges in user conversion, growth consistency, and operational balance, Smartsheet's opportunities lie in sustained revenue growth, market differentiation, and international expansion.

Smartsheet reports robust Q2 earnings, AI adoption drives growth

Smartsheet's Q2 performance reflects strong customer expansion and revenue growth, driven by key deals and AI tool adoption.
While facing challenges in pricing models and market competition, the company's strategic focus on platform modernization and user experience bodes well for future success.
Opportunities lie in AI tool adoption, expansion deals, and raised guidance, positioning Smartsheet for continued growth and profitability.

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Smartsheet, Inc. engages in the design and development of a cloud-based platform for work management. It offers ways for customers to plan and manage work using tables, plans, projects, cards, Gantt charts, and calendars, as well as allowing users to toggle between views. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.

Smartsheet stock is among a large group of enterprise software stocks showing big revenue growth in recent quarters.

Amid Booming Revenue Growth, Buyers Lift Smartsheet Stock Ahead Of Fiscal Q1 Report

Smartsheet is the IBD Stock of the Day ahead of its first-quarter earnings report on June 7. The software maker's shares are up 20% this year.

How Smartsheet Sticks Out In The Work Management Software Market

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Smartsheet (SMAR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Smartsheet (SMAR) Upgraded to Buy: Here's What You Should Know

The stock trades at just 4.5 times enterprise value to 2024 revenue, according to Jefferies.

Buy Smartsheet, Analyst Says. It's the Best Cloud Software Value Stock Pick.

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise platform for modern work management, today announced that it will release its financial results for its first quarter of fiscal year 2024, which ended April 30, 2023, after the close of U.S. financial markets on June 7, 2023. Smartsheet executives will host a conference call and webcast that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The dial-in number to access the call will be (888) 440-6385 or (646.

Smartsheet to Announce First Quarter of Fiscal Year 2024 Financial Results on June 7, 2023

Shares of Smartsheet are flat for the year, having given up all their post-Q4 earnings gains in recent weeks. This is in spite of surging growth rates in a tough macro environment, as well as sharp gains to profitability.

Smartsheet Deserves A Lot More Enthusiasm Than It's Getting

Market Trends Favorable For Smartsheet's Upmarket Strategy.

Market Trends Favorable For Smartsheet's Upmarket Strategy

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Prior to 2020, remote work was a niche prospect for most people. However, since the Covid pandemic, we saw a forced acceleration and adoption in this style of working.

2 Stocks Poised to Benefit from Hybrid Work

Cloud-based collaborative work management software provider Smartsheet Inc. (NASDAQ: SMAR) is an under-the-radar name growing at 35%. The company provides a cloud-based software platform ecosystem that enables team members to share and collaborate on projects and assignments to accelerate and optimize workflows and be on the same page.

Smartsheet Can Bolster Workflow Ecosystems and Your Portfolio

Smartsheet (SMAR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Smartsheet (SMAR) Stock

Smartsheet stock is up 22% so far in 2023 — way more than the S&P 500's 3%. If it can grow faster than 27%, its stock price will keep rising.

Dartmouth Geography Major Maps Smartsheet's 35% Growth

Growth stock software-as-a-service provider Smartsheet rose in heavy volume after earnings surprise. The post Growth Stock Nears Breakout As Sales Surge; Rides Google, Microsoft Tailwinds appeared first on Investor's Business Daily.

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Smartsheet is a work management software provider, which can be used for project management and team collaboration across multiple industries. The company reported strong financial results for the fourth quarter of FY23, as it beat both revenue and earnings growth estimates.

Smartsheet: Super Financials With Outstanding Enterprise Execution

Smartsheet is enjoying economies of scale as it grows its customer base. The company is beginning to generate impressive levels of free cash flow.

Why Smartsheet Stock Surged Today

The software company's fourth-quarter earnings showed a reversal of fortunes and smashed expectations.

Smartsheet Stock Surges on 'Surprise' Profitability

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Smartsheet Inc. (NYSE:SMAR ) Q4 2023 Earnings Conference Call March 13, 2023 4:30 PM ET Company Participants Aaron Turner - Head, IR Mark Mader - CEO Pete Godbole - CFO Conference Call Participants John DiFucci - Guggenheim Securities Brent Thill - Jefferies Sophie Lee - Morgan Stanley Alex Zukin - Wolfe Research Terry Tillman - Truist Securities Michael Turrin - Wells Fargo Securities Pinjalim Bora - JPMorgan Rishi Jaluria - RBC Capital Markets Jackson Ader - MoffettNathanson DJ Hynes - Canaccord Scott Berg - Needham Robert Simmons - D.A. Davidson Jacob Roberge - William Blair George Kurosawa - Citi Operator Ladies and gentlemen, thank you for standing by.

Smartsheet Inc. (SMAR) Q4 2023 Earnings Call Transcript

Smartsheet Inc. shares surged in the extended session Tuesday after the cloud-based work-management platform reported surprise net income and forecast a “conservative” outlook that was just shy of Wall Street estimates.

Smartsheet stock rallies 10% following surprise earnings, new board chair

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc.

Smartsheet Inc. Announces Fourth Quarter and Full Fiscal Year 2023 Results

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise platform for modern work management, announced that the Executive Committee of its Board of Directors has appointed Smartsheet director Mike Gregoire as board chair. Effective March 9, 2023, Gregoire succeeds Geoffrey Barker, who has served as board chair since 2017 and will remain a member of the board. “I feel privileged to take on this expanded leadership role on Smartsheet's board.

Smartsheet Announces New Board Leadership

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BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for modern work management, has been recognized as a leader in G2's 2023 Best Software Awards, ranking in the top five for Best Products for Enterprise (#5). Smartsheet is the only collaborative work management offering to rank in the top 50 of the enterprise category, establishing the company as the category leader.

Smartsheet Awarded Top Five Ranking in G2's 2023 Best Software Products for Enterprise, the Highest for Collaborative Work Management Offerings

BELLEVUE, Wash.--( BUSINESS WIRE )--Smartsheet Inc. (NYSE: SMAR), the enterprise platform for modern work management, today announced that it will release its financial results for its fourth quarter and full fiscal year 2023, which ended January 31, 2023, after the close of U.S. financial markets on March 14, 2023. Smartsheet executives will host a conference call and webcast that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The dial-in number to access the call will be (888) 440-6385 or (646) 960-0180 (outside of the U.S.). The conference ID is 7672979. The webcast will be open to listeners through the events section of the Smartsheet investor relations website: https://investors.smartsheet.com.

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