Smartsheet SMAR reported its Q1 earnings results on Wednesday, June 7, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Smartsheet beat estimated earnings by 125.0%, reporting an EPS of $0.18 versus an estimate of $0.08.
Revenue was up $51.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 17.77% increase in the share price the next day.
Here's a look at Smartsheet's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | -0.15 | -0.2 | -0.19 |
| EPS Actual | 0.07 | -0.01 | -0.1 | -0.18 |
| Revenue Estimate | 206.17M | 194.27M | 180.23M | 162.55M |
| Revenue Actual | 212.34M | 199.58M | 186.69M | 168.31M |
To track all earnings releases for Smartsheet visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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