$SMAR beat in the after hours. The math on this is simple — long term strategy being played out short term. Will the stock gods bend the knee and permit Le Fly to continue uninterrupted success or will they fuck things up by sending SMAR sea-worthy?
Smartsheet beats by $0.06, beats on revs; guides Q2 EPS in-line, revs above consensus; guides FY19 EPS above consensus, revs above consensus (26.57 +0.31)
Reports Q1 (Apr) loss of $0.12 per share, $0.06 better than the Capital IQ Consensus of ($0.18); revenues rose 63.5% year/year to $36.3 mln vs the $33.24 mln Capital IQ Consensus.
The number of all customers with annualized contract values (ACV) of $5,000 or more grew to 4,349, an increase of 78% year-over-year.Dollar-based net retention rate was 130%.
Co issues guidance for Q2, sees EPS of ($0.14)-($0.13) vs. ($0.14) Capital IQ Consensus Estimate; sees Q2 revs of $38.5-$39.5 mln vs. $37.23 mln Capital IQ Consensus Estimate.
Co issues upside guidance for FY19, sees EPS of ($0.59)-($0.56) vs. ($0.61) Capital IQ Consensus Estimate; sees FY19 revs of $159-$162 mln vs. $155.06 mln Capital IQ Consensus Estimate. Sees billings of $193-$196 mln and net free cash flow of up to negative $25 mln.
This is a doubled up position, long from the $23s, riding with a hairy and full chest filled with anger and rage into earnings.
Tune in tomorrow for the exciting conclusion into Fly’s wondrous world of stock speculating.
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You’re about to be thrown out the thrown and ripped a new asshole.
If I am not, I am literally going to rip your head off and shit down your neck.
Le Fly hitting on all cylinders. Anyone have a good read on $APPN? I’m long because I like how the chart started out, then mooned, leveled out some, and is now starting to roller coaster ride all the way to outer space.