Home Financial Markets Anaplan, Inc. (PLAN) Stock Suffering After Disclosure of Fiscal Q1 2022 Financial...

Anaplan, Inc. (PLAN) Stock Suffering After Disclosure of Fiscal Q1 2022 Financial Reports

Anaplan, Inc. (PLAN) stock prices were down by 11.82% as of the market opening on May 27th, 2021, bringing the price per share down to USD$50.23 shortly after the trading day commenced.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Revenue Growth

PLAN continued to consolidate its market leadership with total revenues for the first quarter of the fiscal year 2022 reporting total revenue in the amount of USD$129.8 million. The 25% growth over the numbers reported for the same quarter of the prior fiscal year indicates a strong start to the fiscal year. Revenue generated from paid subscriptions was also up by 26% from the same quarter of the year before, up to USD$118.3 million in Q1 2022.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Operating Loss Reports

GAAP operating loss was reported at USD$49.6 million for the first quarter of the fiscal year 2022, representing 8.2% of total revenue. This is comparable to the USD$38.8 million reported for the first quarter of fiscal 2021, which represented 37.3% of the total revenue reported then. Non-GAAP operating loss came in at USD$12.4 million, representing 9.6% of total revenue; while Q1 of fiscal 2021 reported a non-GAAP operating loss in the amount of USD$13.4 million, representing 12.9% of total revenue.

Q2 2022 Guidance

The company has provided guidance for the second quarter of the fiscal year 2022, which forecasts revenue to be between USD$133.5 million to USD$134.5 million. Non-GAAP operating margin is anticipated to be between negative 14% and 15%. As a baseline for the second quarter, but by no means a cap, the company expects billings to be in the range of USD$138 million to USD$140 million.

Fiscal 2022 Guidance

Despite the company having previously disclosed guidance for the full fiscal year on February 25th, 2021, the financial reports for the entirety of the quarter resulted in PLAN updating its previous guidance. As per the new forecasts, the expected total revenue was bumped up by USD$5 million and is anticipated in the range of USD$555 million and USD$560 million. Non-GAAP operating margin for the full fiscal 2022 report is expected to fall between negative 8% and negative 9%.

Recent Milestones

PLAN recently received the Customers Choice 2021 recognition in the prestigious Gartner’s Peer Insights for Cloud Financial Planning and Analysis (FP&A) Solutions. Gartner profiled the company in its Market Guide for Sales Performance Management 2021, which features reports on the trends, developments, and representative vendors pertaining to the sales performance management market. PLAN was also recognized by TrustRadius as the Top Rates Sales Performance Management Software for 2021.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Future Outlook for PLAN

Armed with a solid liquidity position of USD$327.5 million as of April 30th, 2021, the company is poised to capitalize on the success of its first quarter of the year. Current and potential investors are hopeful that PLAN will be able to leverage the resources at their disposal to facilitate significant and sustained increases in shareholder value.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Aprea Therapeutics Inc. (APRE) stock soars during current market trading. What’s the update?

Aprea Therapeutics Inc. (NASDAQ: APRE) stock gained by 41.03% at the last check in the current market trading. Aprea Therapeutics is a pharmaceutical business...

Roblox Corp. (NASDAQ: RBLX) stock falls during pre-market trading session. What’s happening?

Roblox Corp. (NASDAQ: RBLX) stock gained by 2.28% at last close while the RBLX stock price declines by 8.13% in the pre-market trading session....

Can-Fite BioPharma Inc. (CANF) stock soars during current market. Why so?

Can-Fite BioPharma Inc. (NASDAQ: CANF) stock gained by 4.42% in the current market trading session. Can-Fite BioPharma Ltd. is a medication research company in...

UXIN stock surges during current market. Here’s to know why?

Uxin Ltd. (NASDAQ: UXIN) stock gains by 14.67% at last check during current market trading. In China, Uxin Limited is a prominent online used...

Opgen Inc. (OPGN) stock surged during pre-market session. What’s driving it high?

Opgen Inc. (NASDAQ: OPGN) stock declined by 1.84% at the last close whereas the OPGN stock price gains by 22.07% in the pre-market trading...

Aprea Therapeutics Inc. (APRE) stock soars during current market trading. What’s the update?

Aprea Therapeutics Inc. (NASDAQ: APRE) stock gained by 41.03% at the last check in the current market trading. Aprea Therapeutics is a pharmaceutical business...

TAL Education Group (TAL) stock is tumbling today: What’s Going on?

Shares of the TAL Education Group (TAL) stock were tumbling in the current market trading session today on June 16, 2021, without any obvious...

SPI Energy Inc. (SPI) stock surged in the current market trading. Here’s the update

SPI Energy Inc. (NASDAQ: SPI) stock soars by 15.42% during the current market trading session. SPI Energy is an international renewable energy company that...

Related News

SPI Energy Inc. (SPI) stock surged in the current market trading. Here’s the update

SPI Energy Inc. (NASDAQ: SPI) stock soars by 15.42% during the current market trading session. SPI Energy is an international renewable energy company that...

Why is Autolus Therapeutics plc (AUTL) stock rising today?

Shares of  Autolus Therapeutics plc (AUTL) stock were rising today on June 11, 2021, following the release of the presentation data related to obe-cel...

General Employment Enterprises Inc. (JOB) stock soars during pre-market trading. Here’s to know why?

General Employment Enterprises Inc. (NASDAQ: JOB) stock gained by 1.96% at last close while the JOB stock price rises by 3.88% in the pre-market...

U.S Concrete Inc. (USCR) stock soars during pre-market trading session. What’s driving it high?

U.S Concrete Inc. (NASDAQ: USCR) stock declined by 0.66% at last close while the USCR stock price gained by 27.88% in the pre-market trading...

Energous Corp. (WATT) stock surged during pre-market trading. What’s happening?

Energous Corp. (NASDAQ: WATT) stock soared by 0.36% at last close while the WATT stock price gains further by 7.12% during the pre-market session....

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam