Why Smartsheet Stock Just Surged
Shares of Smartsheet (NYSE: SMAR) were climbing today after the software-as-a-service company posted better-than-expected results in its third-quarter earnings report.
As a result, the stock was up 18.2% as of 10:17 a.m. ET.
Smartsheet, which makes a collaborative work platform, said that revenue in the quarter jumped 38% to $199.6 million, which topped analyst estimates at $194.3 million.
Source Fool.com
