Anaplan (PLAN) reported earnings on Tue 28 May 19 (b/o)

** charts before earnings **

 

** charts after earnings **

Anaplan beats by $0.04, beats on revs; guides Q2 revs above consensus; raises FY20 above consensus

• Reports Q1 (Apr) loss of $0.16 per share, excluding non-recurring items, $0.04 better than the S&P Capital IQ Consensus of ($0.20); revenues rose 46.9% year/year to $75.8 mln vs the $70.66 mln S&P Capital IQ Consensus. 
• First Quarter Subscription Revenue grew 45% year-over-year; Dollar-Based Net Expansion Rate of 123%
• Co issues upside guidance for Q2, sees Q2 revs of $77.5-78.5 mln vs. $74.37 mln S&P Capital IQ Consensus; Non-GAAP operating margin is expected to be between negative 25.5% and 26.5%.
• Co issues upside guidance for FY20, sees FY20 revs of $326-331 mln vs. $313.04 mln S&P Capital IQ Consensus; Non-GAAP operating margin is now expected to be between negative 22.5% and 23.5% (was between negative 26% and 27%).