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PLAN - PLAN STOCK NEWS

Welcome to our dedicated page for PLAN news (Ticker: PLAN), a resource for investors and traders seeking the latest updates and insights on PLAN stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PLAN's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PLAN's position in the market.

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Anaplan, Inc. (NYSE: PLAN) has adjourned its special stockholder meeting originally scheduled for June 9, 2022, now set for June 21, 2022. This postponement follows an agreement with Thoma Bravo to amend their merger deal, which received unanimous approval from Anaplan's Board. The extension allows time to file additional proxy materials with the SEC, enabling stockholders to review these documents. Anaplan emphasizes the importance of stockholder participation in the voting process. Previous proxy votes will stand unless changed by stockholders.

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Anaplan has agreed to be acquired by Thoma Bravo for $63.75 per share in cash, a reduction from the original $66.00 per share price. The revised agreement, aimed at resolving disputes over compliance with merger terms, was unanimously approved by Anaplan's Board. Despite the price change, the Board believes this still represents a premium over Anaplan's stock prior to the merger announcement. The transaction is expected to close by June 30, 2022, subject to stockholder approval and customary conditions.

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Anaplan, Inc. (NYSE: PLAN) reported a strong 30.3% increase in first quarter revenue, reaching $169.2 million year-over-year. Subscription revenue rose by 28.7% to $152.3 million. Remaining Performance Obligations (RPO) totaled $1.1 billion, up 33.5%. Current RPO increased by 27.2% to $562.1 million. The company reported a GAAP operating loss of $60.1 million, improving from 38.2% to 35.5% of total revenue year-over-year. Notably, Anaplan is currently pending acquisition by Thoma Bravo and will not provide further financial guidance for fiscal year 2023.

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Sachem Head Capital Management has withdrawn its stockholder proposals and director nominations for Anaplan (NYSE: PLAN) following the Company's agreement to be acquired by Thoma Bravo. This decision reflects a positive reception of the acquisition, with Sachem Head congratulating Anaplan's Board and management for their constructive engagement. The firm, founded in 2012, focuses on value-oriented equity investments in North America and Europe.

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Anaplan has announced its acquisition by Thoma Bravo for $66.00 per share, totaling approximately $10.7 billion. This deal offers a premium of around 46% over Anaplan's average share price over the last five days prior to March 18, 2022. Upon completion of the acquisition, Anaplan will transition to a privately-held entity. Thoma Bravo aims to leverage its resources to enhance Anaplan's growth strategy within the Connected Planning market, delivering solutions that address the complex digital transformation needs of large enterprises.

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Anaplan, Inc. reported impressive fourth-quarter results with total revenue of $162.7 million, a 32.8% increase year-over-year. Subscription revenue reached $148.0 million, up 31.5%. The company concluded the fiscal year with a remaining performance obligation of $1.1 billion, a 33.6% rise. Despite a GAAP operating loss of $53.8 million, the dollar-based net expansion rate was strong at 118%. The guidance for Q1 FY2023 predicts revenue between $164.5 and $165.5 million, while FY2023 revenue is anticipated to reach $745 million.

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Anaplan, Inc. (NYSE:PLAN) announced it will release its fiscal fourth quarter and full year results for the period ended January 31, 2022, on March 2, 2022, after market close. The earnings call will occur at 2:00 p.m. PT/5:00 p.m. ET, allowing executives to discuss financial performance and business highlights. The report will be accessible on Anaplan's Investor Center website. Anaplan utilizes its proprietary Hyperblock™ technology to enhance business planning and decision-making, serving over 1,800 customers globally.

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Anaplan, Inc. (NYSE:PLAN) reported a strong third quarter for fiscal 2022, with total revenue of $155.3 million, up 35.2% year-over-year. Subscription revenue also grew by 33.1% to $139.3 million. The company's remaining performance obligation stood at $923.2 million, marking a 24.8% increase. Despite a GAAP operating loss of $48.2 million, the company is optimistic, projecting fourth-quarter revenue between $154.0 million and $155.0 million and updating full-year revenue guidance to between $583.5 million and $584.5 million.

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Anaplan, Inc. (NYSE: PLAN) is set to report its fiscal third-quarter results for the period ended October 31, 2021, after market close on November 23, 2021. The announcement will include a press release detailing financial information, accessible via the Anaplan Investor Center website. Following this release, Anaplan's executive management team will host a conference call and webcast at 2:00 PM PT / 5:00 PM ET to discuss the financial results and highlight key business developments.

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Anaplan, Inc. (NYSE:PLAN) reported a 35.5% year-over-year increase in total revenue to $144.3 million for Q2 fiscal 2022. Subscription revenue rose 34.6% to $130.8 million, with a remaining performance obligation of $905.6 million, up 28.8%. The GAAP operating loss widened to $49.1 million, while non-GAAP operating loss was $10.9 million. The company raised its full-year revenue guidance to between $571.5 and $573.5 million. Q3 revenue is projected at $145.5 to $146.5 million.

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FAQ

What is the market cap of PLAN (PLAN)?

The market cap of PLAN (PLAN) is approximately 9.6B.

PLAN

NYSE:PLAN

PLAN Rankings

PLAN Stock Data

9.59B
143.38M
2.59%
92.82%
11.86%
Software—Infrastructure
Technology
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United States
San Francisco