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Benzinga
Benzinga
Business
Adam Eckert

Why Smartsheet Shares Are Sliding After Hours

Smartsheet NYSE Smartsheet Inc

Smartsheet Inc (NYSE:SMAR) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued weak earnings guidance. 

Smartsheet said fourth-quarter revenue grew 43% year-over-year to $157.4 million, which beat the $151.66-million estimate. The company reported a quarterly earnings loss of 12 cents per share, which beat the estimate for a loss of 15 cents per share.

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