Smartsheet shares are trading higher after the company reported better-than-expected Q1 financial results and announced an inaugural $150 million share repurchase program.
Portfolio Pulse from Benzinga Newsdesk
Smartsheet shares are trading higher following the company's better-than-expected Q1 financial results and the announcement of a $150 million share repurchase program.

June 06, 2024 | 10:07 am
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Smartsheet shares are trading higher due to better-than-expected Q1 financial results and the announcement of a $150 million share repurchase program.
The better-than-expected Q1 financial results indicate strong performance, which is likely to boost investor confidence. Additionally, the $150 million share repurchase program signals the company's confidence in its own stock value, further driving up the share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100