Shares of Smartsheet Inc. were trading higher in Thursday's after-hours session, following the release of third-quarter financial results which showed revenue rising 46% from the year-ago period.
At 5:44 p.m. ET, shares were trading 17% higher at $71.60. Volume at the time topped 485,000 shares.
The stock finished the day's regular-trading session with a 2.8% gain, closing at $61.16.
After the bell, Smartsheet reported a third-quarter loss per share of 29 cents on revenue of $144.6 million. In the year-ago period, the company had a loss per share of 26 cents on revenue of $98.9 million.
For the fourth quarter, the collaboration and work management software company said it expects revenue to be $151 million to $152 million.
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