STOCK TITAN

Smartsheet Inc. - SMAR STOCK NEWS

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

Smartsheet Inc. (symbol: SMAR) is a leading provider of collaborative work management software, delivered through a cloud-based, software-as-a-service (SaaS) model. Trusted by over 90,000 companies and countless information workers, Smartsheet helps accelerate business execution and addresses the challenges associated with modern collaborative work.

Smartsheet’s platform is renowned for its capacity to manage and automate workflows across various business functions. The company’s comprehensive toolkit includes features for project and process management, real-time visibility, reporting, and automation capabilities. This functionality ensures that teams can streamline their processes and enhance productivity.

One of Smartsheet’s distinguishing features is its extensive integration capabilities. The platform maintains rich data integrations with mission-critical applications from industry leaders such as Microsoft, Google, Salesforce, and Atlassian. This seamless connectivity enables users to work efficiently within their existing tech ecosystems.

Smartsheet’s customer base includes more than 50% of the Fortune 500, underscoring the platform’s scalability and robustness. These enterprises rely on Smartsheet to manage high-volume, fast-paced projects and processes.

The company generates revenue through a subscription-based model, where users pay per-user fees and can incur additional charges for expanded platform capabilities. This model allows businesses of all sizes to access Smartsheet’s powerful tools while scaling usage according to their needs.

Recent achievements include enhancements in the platform’s automation functions and the introduction of new features that further simplify workflow management. Smartsheet continues to innovate, ensuring its platform remains at the forefront of the collaborative work management landscape.

For the latest updates and detailed information on Smartsheet’s performance, events, and developments, the Latest News section is continuously updated with the most recent data directly from Smartsheet.

Rhea-AI Summary
Smartsheet Inc. (SMAR) will release its financial results for Q4 and full fiscal year 2024 on March 14, 2024. The conference call and webcast will be hosted by Smartsheet executives to discuss the results. The webcast will be open to listeners through the events section of the Smartsheet investor relations website. A replay of the conference call will also be available for seven days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.36%
Tags
-
Rhea-AI Summary
Smartsheet (NYSE:SMAR) announced reaching $1 billion in annualized recurring revenue (ARR) in Q4, following recognition as a Leader in Gartner's Magic Quadrant and two IDC reports. The company empowers collaborative work management and serves 85% of the 2023 Fortune 500 companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
none
-
Rhea-AI Summary
Smartsheet (NYSE: SMAR) CEO Mark Mader to present at 26th Annual Needham Growth Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
conferences
Rhea-AI Summary
Smartsheet (SMAR) was named a Leader in the 2023 Gartner Magic Quadrant for Collaborative Work Management (CWM) due to its ability to execute and completeness of vision. Smartsheet also received the distinction of being a Customers’ Choice in the 2023 Gartner Peer Insights 'Voice of the Customer' in the Collaborative Work Management market, with the highest rating (4.6 out of 5) and the highest percentage of customers willing to recommend the platform (98%). Smartsheet's placement as a Leader in the Magic Quadrant validates its long-standing commitment to innovation and customer-centric solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
-
Rhea-AI Summary
Smartsheet Inc. (NYSE: SMAR) reported third quarter total revenue growth of 23% year over year to $245.9 million, with operating cash flow of $15.1 million and free cash flow of $11.4 million. The company ended the quarter with $568.7 million in cash, cash equivalents, and short-term investments. Smartsheet also announced new platform features, Australia-based data hosting, and received recognition in various industry reports and rankings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
-
Rhea-AI Summary
Smartsheet (NYSE:SMAR) and TIME recognize HP's Social Impact team as the first-ever TIME Team of the Year for their work to promote digital equity, aiming to impact 150 million people by 2030. HP's efforts have already positively impacted 21.3 million people globally, addressing the digital divide and empowering marginalized communities. The recognition highlights HP's commitment to community, collaboration, and innovation, as well as their mission to create more equity in the digital economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
partnership
Rhea-AI Summary
Smartsheet Inc. (NYSE: SMAR) will release its Q3 fiscal year 2024 financial results on December 7, 2023, and host a conference call and webcast to discuss the results. The webcast will be accessible through the Smartsheet investor relations website. A replay of the conference call will also be available for seven days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
-
Rhea-AI Summary
Smartsheet announces the launch of its newest Smartsheet Region in Australia, allowing customers in the Asia-Pacific-Japan (APJ) region to host their data onshore. The new region will provide redundancy and enterprise-grade availability and scale. Smartsheet will pursue Infosec Registered Assessors Program (IRAP) certification for the APJ region to meet Australian Government Information Security Manual requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
Tags
none
-
Rhea-AI Summary
Smartsheet partners with McLaren Formula 1 Team to highlight Girlstart as the next Sponsor X
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
Tags
none
Rhea-AI Summary
Smartsheet named to Fast Company's Brands That Matter list for 2023, recognized for connecting people to its mission of empowering meaningful change through initiatives like Sponsor X and First Residence. Also recognized for Power Your Process brand campaign. Smartsheet also named to Fast Company's World's Most Innovative Companies list for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
none

FAQ

What is the current stock price of Smartsheet (SMAR)?

The current stock price of Smartsheet (SMAR) is $56.01 as of December 20, 2024.

What is the market cap of Smartsheet (SMAR)?

The market cap of Smartsheet (SMAR) is approximately 7.8B.

What is Smartsheet Inc.?

Smartsheet Inc. is a provider of collaborative work management software, delivered via a cloud-based SaaS model.

What does Smartsheet's platform offer?

Smartsheet's platform offers tools for project and process management, real-time visibility, reporting, and automation capabilities.

How does Smartsheet generate revenue?

Smartsheet generates revenue through subscription fees, with additional charges for expanded platform capabilities.

Which major companies use Smartsheet?

Over 50% of the Fortune 500 companies use Smartsheet for their collaborative work management needs.

What are some key integrations supported by Smartsheet?

Smartsheet integrates with applications from Microsoft, Google, Salesforce, Atlassian, and more.

What recent achievements has Smartsheet made?

Recent achievements include enhancements to the platform's automation functions and new features to simplify workflow management.

Why do companies choose Smartsheet?

Companies choose Smartsheet for its scalability, robust features, and extensive integration capabilities.

How many companies use Smartsheet?

Over 90,000 companies use Smartsheet to manage and automate their collaborative work.

What industries benefit from Smartsheet's platform?

Various industries, including technology, finance, healthcare, and manufacturing, benefit from Smartsheet's collaborative work management tools.

Where can I find the latest news about Smartsheet?

For the latest updates on Smartsheet, you can visit the 'Latest News' section, which is regularly updated with new information.

Smartsheet Inc.

NYSE:SMAR

SMAR Rankings

SMAR Stock Data

7.84B
129.42M
2.93%
90.21%
1.88%
Software - Application
Services-prepackaged Software
Link
United States of America
BELLEVUE