Smartsheet Inc is a leading provider of work management and automation solutions designed to enhance collaboration and productivity across organizations
The company's platform enables teams to plan, track, automate, and report on their work in real-time, helping to streamline processes and improve business outcomes. Offering a user-friendly interface and integration capabilities with other essential tools, Smartsheet empowers organizations to foster a culture of transparency and efficiency, allowing users to manage projects, resources, and workflows more effectively. With its focus on driving results through innovation, Smartsheet serves a diverse range of industries looking to optimize their project management and operational workflows.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the project management software industry, including Atlassian (NASDAQTEAM) and its peers.
Over the past six months, Smartsheet has been a great trade, beating the S&P 500 by 24.8%. Its stock price has climbed to $56.20, representing a healthy 30.8% increase. This performance may have investors wondering how to approach the situation.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how project management software stocks fared in Q3, starting with Smartsheet (NYSESMAR).
Let’s dig into the relative performance of Monday.com (NASDAQMNDY) and its peers as we unravel the now-completed Q3 project management software earnings season.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how project management software stocks fared in Q3, starting with Asana (NYSEASAN).
Project management software maker Smartsheet (NYSESMAR) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 16.7% year on year to $286.9 million. Its non-GAAP profit of $0.43 per share was 41.6% above analysts’ consensus estimates.
