Smartsheet Inc. (NYSE:SMAR) is set to report first-quarter fiscal 2020 results on Jun 5.
Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, with the average positive surprise being 42.5%.
The company reported fourth-quarter fiscal 2019 non-GAAP loss of 7 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 14 cents and the year-ago quarter’s loss of 8 cents. Revenues surged 58.2% year over year to $52.2 million and surpassed the Zacks Consensus Estimate of $50 million.
Moreover, customers with annualized contract value (ACV) of more than $50,000 jumped 135% year over year to 444 in the same period.
Smartsheet Inc. Price and EPS Surprise
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