Smartsheet shares are trading higher after the company reported better-than-expected Q3 earnings and raised its FY24 revenue outlook.
Portfolio Pulse from Benzinga Newsdesk
Smartsheet Inc. reported strong Q3 earnings, surpassing expectations, and increased its revenue forecast for fiscal year 2024, leading to a rise in its stock price.
December 08, 2023 | 12:41 pm
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Smartsheet's Q3 earnings exceeded expectations and the company raised its revenue outlook for FY24, which has positively impacted its share price.
The positive earnings report and raised revenue outlook for FY24 suggest strong company performance and future growth potential, which typically lead to increased investor confidence and can drive the stock price up in the short term.
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IMPORTANCE 90
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