Anaplan Announces Third Quarter Fiscal Year 2020 Financial Results
Anaplan, Inc. (PLAN)
Last anaplan, inc. earnings: 2/27 07:30 am
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Source: Business Wire
Third Quarter Subscription Revenue up 47% Year-Over-YearRemaining Performance Obligation of $590 million, up 55% Year-Over-YearDollar-Based Net Expansion of 123% SAN FRANCISCO--(BUSINESS WIRE)--Anaplan, Inc. (NYSE:PLAN), a pioneer in Connected Planning, today announced financial results for its third quarter ended October 31, 2019.“We are proud of all our accomplishments during this first year as a public company. It’s been impressive to see how Connected Planning has resonated throughout the enterprise planning ecosystem,” said Frank Calderoni, chief executive officer at Anaplan. “We hear consistently from our customers that the value they see with our platform is essential and a major competitive advantage.”Third Quarter Fiscal 2020 Financial ResultsTotal revenue was $89.4 million, an increase of 44% year-over-year. Subscription revenue was $79.7 million, an increase of 47% year-over-year.GAAP operating loss was $32.5 million or 36.4% of total revenue, compared to $50.3 million i
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