Smartsheet Shares Up 10% Following Q3 Results
<p><a href='https://financialmodelingprep.com/financial-summary/SMAR'>Smartsheet Inc. (NYSE:SMAR) </a>shares were trading around 10% higher Friday morning following the company’s reported Q3 results, with revenue coming in at $145 million, up 46% year-over-year, beating the consensus estimate of $140 million. The quarterly non-GAAP EPS was $(0.03), compared to the consensus estimate of $(0.11).</p>
<p>The key highlight out of the quarter was the 2023 billings guide of 37%-40%, well above consensus. Other key takeaways were:</p>
<p>(1) key metrics were solid and give confidence in healthy NTM growth,</p>
<p>(2) enterprise momentum continued with record >$50,000 and >$100,000 customer adds,</p>
<p>(3) margin improvements continued.</p>

NYSE:SMAR