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Smartsheet Sees Q1 Adj. EPS $(0.21)-$(0.19) vs $(0.14) Est., Sales $82M-$83M vs $81.59M Est.; Sees FY21 Adj. EPS $(0.62)-$(0.55) vs $(0.53) Est., Sales $373M-$378M vs $374.26M Est.

For the first quarter of fiscal 2021, the Company currently expects: Total revenue of $82 million to $83 million, representing year-over-year growth of 46% to 48% Calculated

Benzinga · 03/17/2020 20:23

For the first quarter of fiscal 2021, the Company currently expects:

  • Total revenue of $82 million to $83 million, representing year-over-year growth of 46% to 48%
  • Calculated billings of $97 million to $98 million, representing year-over-year growth of 40% to 42%
  • Non-GAAP operating loss of $26 million to $24 million
  • Non-GAAP net loss per share of $0.21 to $0.19, assuming basic and diluted weighted average shares outstanding of approximately 118.5 million
  • Net free cash flow of negative $30 million to negative $27 million

For the full fiscal year 2021, the Company currently expects:

  • Total revenue of $373 million to $378 million, representing year-over-year growth of 38% to 40%
  • Calculated billings of $450 million to $455 million, representing year-over-year growth of 35% to 36%
  • Non-GAAP operating loss of $75 million to $67 million
  • Non-GAAP net loss per share of $0.62 to $0.55, assuming basic and diluted weighted average shares outstanding of approximately 119 million
  • Net free cash flow of negative $11 million to $0