Anaplan: Fiscal 3Q Earnings Snapshot
SAN FRANCISCO (AP) _ Anaplan Inc. (PLAN) on Thursday reported a loss of $34.7 million in its fiscal third quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 26 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 8 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The software developer posted revenue of $89.4 million in the period.
For the current quarter ending in January, Anaplan said it expects revenue in the range of $96.5 million to $97.5 million.
The company expects full-year revenue in the range of $346 million to $347 million.
Anaplan shares have risen 85% since the beginning of the year. The stock has more than doubled in the last 12 months.