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Smartsheet Inc. (SMAR) Is Heading Higher After Narrower Q3 Loss

Smartsheet Inc. (SMAR) reported a third quarter non-GAAP loss of $0.09 per share after the close Monday, compared to the loss of $0.11 per share a year ago. Analysts expected a loss of $0.16 per share. The company expects to report a fourth quarter non-GAAP loss of $0.44 to $0.42 per share. Street expectations are for a loss of $0.17 per share. The stock is now up 0.94 on 78K shares.

Smartsheet traded in a range throughout Monday's session and closed up by 0.16 at $27.06.

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