04:46 PM EDT, 06/05/2024 (MT Newswires) -- Smartsheet ( SMAR ) was up 10% in Wednesday's extended session after reporting Q1 non-GAAP earnings of $0.32 per diluted share, up from $0.18 a year earlier.

Analysts polled by Capital IQ expected $0.27.

Revenue for the quarter ended April 30 was $263 million, up from $219.9 million a year earlier.

Analysts expected $258.2 million.

For Q2, the company is projecting non-GAAP EPS of $0.28 to $0.29 on revenue of $273 million to $275 million. Analysts are looking for $0.25 per share and $273.8 million, respectively.

For its fiscal 2025, Smartsheet ( SMAR ) is projecting non-GAAP EPS of $1.22 to $1.29 on revenue of $1.116 billion to $1.121 billion. Analysts are looking for $1.11 and $1.12 billion, respectively.

Price: 41.60, Change: +3.82, Percent Change: +10.11