Smartsheet revenue rises 44% to $131.7M; CEO touts work management software for hybrid world

Smartsheet revenue rises 44% to $131.7M; CEO touts work management software for hybrid world

Smartsheet exceeded expectations for the second fiscal quarter, reporting revenue of $ 131.7 million, up 44% year over year, and non-GAAP loss of $ 5.2 million compared to 7.4 million U.S. dollar. The company’s annual recurring revenue topped $ 500 million for the first time as it rides tailwind from accelerating software adoption amid the … Read more