Smartsheet Inc. Announces Second Quarter Fiscal Year 2019 Results
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Smartsheet (SMAR) Tops Q2 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Outlook Above Consensus
September 4, 2018 4:10 PM EDTSmartsheet (NYSE: SMAR) reported Q2 EPS of ($0.08), $0.05 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $42.4 million versus the consensus estimate of $39.23 million.
Q2 was a strong quarter with revenue growing 59% year-over-year and net dollar retention rate reaching a record 131%, said Mark Mader, CEO of Smartsheet. We continue to drive better business outcomes for our customers by empowering everyone to improve the way they work, connect, innovate, and execute.
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