Smartsheet Q4 Earnings: Turnaround Postponed [Downgrade] [Seeking Alpha]
Smartsheet Inc. Class A (SMAR)
Last smartsheet inc. class a earnings: 3/17 04:21 pm
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The company is focusing on cross-selling premium capabilities and introducing new features to drive future revenue growth. Despite growth headwinds, Smartsheet's fundamentals remain stable and its valuation is conservative, making it an attractive investment opportunity. Introduction and investment thesis Smartsheet ( NYSE: SMAR ) has been one of my top picks in the project and work management software ("PWMS") space for a while now. It's compelling valuation, expanding margins, transparent management, and large growth potential for its premium capabilities have been my main reasons why I preferred the stock. In addition, the growth rate of calculated billings showed a positive turnaround in the preceding Q3 quarter, which made me conclude in a previous article that it was a good opportunity to load up on shares. The company's most recent FY24 Q4 earnings release proved me wrong as the long-awaited topline growth turnaround seems to be postponed. Billings growth slowed again,
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SMAR
News
- Smartsheet Announces $150 Million Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Smartsheet Announces $150 Million Share Repurchase ProgramBusiness Wire
- Unpacking Q4 Earnings: Smartsheet (NYSE:SMAR) In The Context Of Other Project Management Software Stocks [Yahoo! Finance]Yahoo! Finance
- Celigo Sets New Standards in Integration with AI, Prebuilt Solutions, and Unprecedented Connectivity [Yahoo! Finance]Yahoo! Finance
- Smartsheet Appoints Jo Deal as Chief People Officer [Yahoo! Finance]Yahoo! Finance
SMAR
Earnings
- 3/14/24 - Beat
SMAR
Sec Filings
- 4/19/24 - Form 8-K
- 4/15/24 - Form 4
- 4/11/24 - Form 144
- SMAR's page on the SEC website