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Stock impact report

Smartsheet Inc. Announces Fourth Quarter and Fiscal Year 2024 Results [Yahoo! Finance]

Smartsheet Inc. Class A (SMAR) 
Last smartsheet inc. class a earnings: 3/17 04:21 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Fourth quarter operating cash flow of $59.7 million and free cash flow of $56.3 million Ended the year with cash, cash equivalents, and short-term investments of $628.8 million BELLEVUE, Wash., March 14, 2024 BUSINESS WIRE )--Smartsheet (NYSE: SMAR), the enterprise work management platform, today announced financial results for its fourth fiscal quarter and fiscal year ended January 31, 2024. "Strong demand from our enterprise customers helped us achieve the major milestone of $1 billion in annualized recurring revenue in Q4," said Mark Mader, CEO of Smartsheet. "Looking forward, we're setting the foundation for the next era of profitable growth with proven, more efficient go-to-market motions paired with enterprise-grade product innovation informed by decades of data, work patterns, and customer use cases." Fourth Quarter Fiscal 2024 Financial Highlights Revenue: Total revenue was $256.9 million, an increase of 21% year over year. Subscription revenue was $244.0 million, a Show less Read more
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