Anaplan: Fiscal 4Q Earnings Snapshot

SAN FRANCISCO (AP) _ Anaplan Inc. (PLAN) on Thursday reported a loss of $42 million in its fiscal fourth quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 29 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 7 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.

The software developer posted revenue of $122.5 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $119.1 million.

For the year, the company reported that its loss widened to $154 million, or $1.10 per share. Revenue was reported as $447.8 million.

For the current quarter ending in May, Anaplan said it expects revenue in the range of $126.5 million to $127.5 million.

The company expects full-year revenue in the range of $550 million to $555 million.

Anaplan shares have risen 11% since the beginning of the year. The stock has risen 37% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLAN at https://www.zacks.com/ap/PLAN