Smartsheet stock rallies more than 10% after results top Street estimates

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Smartsheet stock rallies more than 10% after results top Street estimates
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Smartsheet Inc. shares rallied in the extended session Tuesday after the cloud-based work platform topped Wall Street estimates for the quarter and forecast...

Smartsheet Inc. SMAR, -0.46% shares rallied in the extended session Tuesday after the cloud-based work platform topped Wall Street estimates for the quarter and forecast better-than-expected revenue. Smartsheet shares rallied 12% after hours, following a 0.5% decline to close the regular session at $43.44. The company reported a fourth-quarter loss of $11.7 million, or 11 cents a share, compared with $8.7 million, or 45 cents a share, in the year-ago period.

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