Smartsheet beats earnings expectations for Q1 2025, provides positive guidance for Q2, FY2024.

June 5, 2024

Smartsheet Inc (SMAR) reported its 1 st quarterly earnings for FY2025 on June 5 th after-market.
Non-GAAP EPS of $0.32 beating consensus of $0.26 by 20.5%.
Revenue was $262.98M beating average estimate of $258.28M by 1.82%
Q2 GUIDANCE:
Total expected revenue of $273 million to $275 million vs the average consensus revenue of
$274.41.
Non-GAAP net income per share of $0.28 to $0.29 vs the average consensus EPS of $0.25
FY2024 GUIDANCE:
Total revenue of $1.116 billion to $1.121 billion.
Non-GAAP net income per share of $1.22 to $1.29
Share is up by 12.89% after hours.