Anaplan Announces Fourth Quarter and Full Fiscal Year 2020 Financial Results
Anaplan, Inc. (PLAN)
Last anaplan, inc. earnings: 2/27 07:30 am
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Source: Business Wire
Fourth Quarter Subscription Revenue up 50% Year-Over-YearRemaining Performance Obligation of $656 million, up 49% Year-Over-YearDollar-Based Net Expansion of 122% SAN FRANCISCO--(BUSINESS WIRE)--Anaplan, Inc. (NYSE:PLAN), a pioneer in Connected Planning, today announced financial results for its fourth quarter and full fiscal year ended January 31, 2020.“We had an outstanding fiscal year and continue to see incredible growth opportunities with growing demand for our platform,” said Frank Calderoni, chief executive officer at Anaplan. “Our customers are looking for ways to manage and respond to the rapid pace of change and uncertainty and our platform is becoming the obvious choice for enterprise-wide planning. We continue to see a massive opportunity and continued momentum for the coming year.”Fourth Quarter Fiscal 2020 Financial ResultsTotal revenue was $98.2 million, an increase of 42% year-over-year. Subscription revenue was $89.5 million, an increase of 50% year-over-year.GAAP
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