Smartsheet Inc. Announces Fourth Quarter and Fiscal Year 2024 Results BELLEVUE, Wash. - March 14, 2024 - 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 ...

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced that it will release its financial results for its fourth quarter and full fiscal year 2024, which ended January 31, 2024, after the close of U.S. financial markets on March 14, 2024. Smartsheet executives will host a conference call and webcast that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The dial-in number to access the call will be (888) 440-6385 or (646) 960-0180 (o ...

Liudmila Chernetska Introduction and Investment Thesis Smartsheet Inc. (NYSE:SMAR) shares have been one of those holdings in my high-growth tech portfolio, whose 2023 performance has been somewhat unsatisfying to me, although they increased more than 20% in value. Last time I covered the company was in June 2023, where I argued that the post-earnings sell-off resulting from a soft billings guidance is overdone. Newly emerging growth drivers, like GenAI-based solutions, improvement in margins and undervaluat ...

SOPA Images/LightRocket via Getty Images Summary Readers may find my previous coverage here. My previous rating was a buy, as I believed Smartsheet (NYSE:SMAR) would see growth revert back to 30%, driven by continuous market share gains from existing Excel users and the conversion of free to paid users. As growth recovers, valuation should revert back to peers' levels. I am reiterating my buy rating for SMAR as the business continues to show that its growth runway is still long and sustainable. SMAR continu ...

SOPA Images/LightRocket via Getty Images Thesis Smartsheet Inc. (NYSE:SMAR) is a leader in the Collaborative Work Management (CWM) market, providing solutions that enable teams to plan, execute, and manage their work collectively. The company has been growing rapidly in the past few years, reaching $1 billion in annualized revenue last week. However, despite its impressive performance and strong competitive position, Smartsheet is undervalued by the market, trading at a lower valuation relative to its peers ...

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise work management platform, announced today that it reached $1 billion in annualized recurring revenue (ARR) earlier in Q4, a significant milestone in the company’s history that comes on the heels of being named a Leader in the December 2023 Gartner® Magic Quadrant™ for Collaborative Work Management. Smartsheet was also recently recognized as a Leader in two IDC reports - IDC MarketScape: Worldwide Collaborative Work Management 2023-2024 ...

Smartsheet (SMAR) closed the last trading session at $44.28, gaining 0.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $55.56 indicates a 25.5% upside potential.The mean estimate comprises 16 short-term price targets with a standard deviation of $4.29. While the lowest estimate of $48 indicates an 8.4% increase from the current price level, the most optimistic analyst expects th ...

Smartsheet Inc. (NYSE:SMAR) Q3 2024 Earnings Conference Call December 7, 2023 4:30 PM ET Company Participants Aaron Turner - Head, Investor Relations Mark Mader - Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants Scott Berg - Needham Michael Berg - Wells Fargo Securities Josh Baer - Morgan Stanley Jake Roberge - William Blair John DiFucci - Guggenheim Steve Enders - Citi Pinjalim Bora - JPMorgan Taylor McGinnis - UBS Taylor McGinnis - UBS Keith Bachman - Bank of Mon ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Securities registered pursuant to Section 12(b) of the Act: Commission File No. 001-38464 Smartsheet Inc. (Exact name of Registrant as specified in its charter) Was ...

Smartsheet Inc. (NYSE:SMAR) Q2 2024 Earnings Conference Call September 7, 2024 4:30 PM ET Company Participants Aaron Turner - Head, Investor Relations Mark Mader - Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants Terry Tillman - Truist Securities Josh Baer - Morgan Stanley Jacob Roberge - William Blair Tamjid Chowdhury - Guggenheim Securities Pinjalim Bora - JPMorgan Ethan Bruck - Wolfe Research Brent Thill - Jefferies & Company Scott Berg - Needham Keith Bachman - ...