The Latest Breaking News from Smartsheet

The Dow Jones rose Thursday on a surprise jump in weekly jobless claims. GME stock crashed after the company fired its chief executive.

Dow Jones futures: The market rally has routed out of the Nasdaq and into small- and mid-cap stocks. GameStop plunged late on news.

Growth stock software-as-a-service provider Smartsheet rose in heavy volume after earnings surprise.

Asana popped on a narrower-than-expected Q4 loss while its CEO announced plans to buy 30 million shares of ASAN stock.

Smartsheet shares popped on July-quarter earnings and revenue that topped estimates, though management lowered its 2022 billings growth guidance.

Benzinga Pro data, Smartsheet (NYSE:SMAR) reported Q1 sales of $168.31 million. Earnings fell to a loss of $70.46 million, resulting in a 32.59% decrease from last quarter.

Smartsheet Inc (NYSE:SMAR) reported first-quarter revenue growth of 44% year-over-year to $168.3 million, beating the consensus of $162.55 million. Adjusted EPS was $(0.18), beat the consensus of $(0.19). The gross margin expanded by 62 bps to 77.9%. Loss from operations widened to $(69.8) million from $(38.36) million in 1Q22. SMAR's net operating…

Smartsheet reported April-quarter earnings and revenue that edged by estimates while the company's own outlook for SMAR stock disappointed.

Over the past 3 months, 13 analysts have published their opinion on Smartsheet (NYSE:SMAR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.