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.
Smartsheet Inc. (NYSE: SMAR) will announce its Q1 fiscal year 2023 financial results on June 7, 2022, after U.S. market close. The fiscal quarter ended on April 30, 2022. A conference call with executives will take place at 4:30 p.m. ET to discuss the results. Interested parties can access the call by dialing (888) 440-6385 or (646) 960-0180 (international). The call will also be available via webcast on the company's investor relations website and a replay will be available for seven days following the event.
Smartsheet is partnering with Australian nonprofit DeadlyScience through the Sponsor X initiative at the Australian Grand Prix on April 8-10. The DeadlyScience logo will feature on McLaren's MCL36 race cars to boost awareness and donations for providing STEM resources in remote communities. This initiative promotes meaningful sponsorship, enabling DeadlyScience to receive software licenses, training, and resources to enhance their impact.
Smartsheet (NYSE:SMAR) announced that CFO Pete Godbole will present at the Wolfe Research Virtual 'March Madness' Software Conference on March 23, 2022, at 1:05 p.m. Eastern Time. The presentation will be accessible via a live webcast on Smartsheet's investor website. A replay will be available for a limited time after the event. Smartsheet is recognized as the enterprise platform for dynamic work, helping organizations drive innovation and efficiency.
Smartsheet Inc. (SMAR) reported a strong fourth quarter for fiscal 2022, with total revenue increasing 43% year over year to $157.4 million and calculated billings up 48% to $224.3 million. However, the company faced challenges with a GAAP net loss of $53.1 million and negative cash flow, both operating and free cash flow. For FY23, Smartsheet anticipates revenue growth of 36% to 37%, projecting $750 million to $755 million in total revenue. Notably, the dollar-based net retention rate improved to 134%.
Smartsheet has announced new digital asset management capabilities through enhanced integration with Brandfolder. This update aims to help marketers manage content more efficiently from ideation to execution. The integration allows users to easily attach assets, publish content, and upload attachments seamlessly. Brandfolder has been recognized as a 'Strong Performer' in Forrester’s Digital Asset Management report, emphasizing its scalability and intelligent content generation. This development positions Smartsheet favorably in the marketing technology sector.
Smartsheet Inc. (NYSE: SMAR) will announce its financial results for the fourth quarter and full fiscal year 2022 on March 15, 2022, after U.S. markets close. The conference call is scheduled for 4:30 p.m. ET, where executives will discuss the outcomes. Investors can join via the provided dial-in numbers or through the Smartsheet investor relations website. A replay will be available for seven days post-event. Smartsheet focuses on aligning people and technology to drive organizational efficiency and innovation.
Smartsheet announced a new study by Forrester Consulting revealing that their platform delivers a 680% ROI over three years for global enterprises. The study highlights significant productivity improvements, including an 80% reduction in project setup time and $6.1M in productivity gains. Enterprises also experienced a 75% decrease in work management-related emails and over $1.1M in software cost savings. Nearly ten million users leverage Smartsheet for enhanced organizational performance and resource allocation.
Smartsheet Inc. (NYSE:SMAR) announces that President & CEO Mark Mader will present at the 24th Annual Needham Virtual Growth Conference on January 10, 2022, at 2:45 p.m. Eastern Time. Investors can access a live webcast of the presentation on the company's investor website, and a replay will be available afterward. Smartsheet is committed to enhancing productivity by uniting people and technology to drive innovation and efficiency for organizations.
Smartsheet Inc. (NYSE: SMAR) will host a virtual Investor Day on January 7, 2022, starting at 9:00 a.m. PT (12:00 p.m. ET). The event includes a webcast and a live Q&A session, lasting approximately two hours. Interested parties can access the live webcast and presentation materials from Smartsheet's Investor Relations website at investors.smartsheet.com. A replay will also be available post-event.
Smartsheet is an enterprise platform that enhances organizational efficiency and innovation.
Smartsheet (NYSE:SMAR) announced the successful implementation of its platform by NHS England, enhancing project management for digital transformation initiatives. In under three weeks, NHS England moved from using Excel and PowerPoint to Smartsheet, allowing for accurate real-time reporting and a reduction in human errors. This transition is expected to significantly improve patient outcomes by streamlining primary care services. NHS project managers reported increased efficiency and better visibility into project timelines, with plans for broader adoption across the NHS network.
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