Anaplan (NYSE:PLAN) announced its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.04, Briefing.com reports. The company had revenue of $89.41 million for the quarter, compared to analysts’ expectations of $86.47 million. Anaplan had a negative net margin of 45.48% and a negative return on equity of 46.41%. The business’s revenue was up 44.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.18) EPS.
PLAN stock opened at $53.24 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.87 and a current ratio of 1.87. The stock has a market cap of $7.00 billion and a P/E ratio of -30.95. The firm has a 50 day simple moving average of $47.97 and a 200 day simple moving average of $49.67. Anaplan has a 52 week low of $20.77 and a 52 week high of $60.36.
In related news, CFO David H. Morton, Jr. sold 115,076 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $48.30, for a total transaction of $5,558,170.80. Also, Director Sandesh Kaveripatnam sold 80,000 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $52.30, for a total transaction of $4,184,000.00. Over the last 90 days, insiders have sold 946,078 shares of company stock valued at $48,238,835. 37.20% of the stock is currently owned by corporate insiders.
Anaplan Company Profile
Anaplan, Inc engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. It also offers professional services, including consulting, implementation, and training. The company was founded by Michael Gould, John David Guy Haddleton, and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.
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