PLAN - Anaplan +5.7% after Q3 results raises FY guidance

Anaplan (PLAN) Q3 reports show total revenue of $114.88M, (+28% Y/Y), beating consensus by $5.17M.Subscription revenue was $104.7M, an increase of 31% Y/Y.GAAP operating loss was $35.9M or 31.2% of revenue; non-GAAP operating loss was $6.1M, or 5.3% of revenue.GAAP loss per share of $0.26 and Non-GAAP loss per share was $0.05.Cash and Cash Equivalents were $296.8M as of October 31, 2020.Remaining Performance Obligation of $740M, up 25% Y/Y.Dollar-Based Net Expansion of 113%.Q4 Guidance: Total revenue $118.5M-119.5M; Non-GAAP operating margin between negative 10.5% and 11.5%; company expects billings of $152M-153M.Full year Guidance: Total revenue $444M-445M vs. previous $437M-439M; Non-GAAP operating margin is expected to be between negative 9% and 10% vs. previous negative 11% and 12%.Conference call on Tuesday November 24 at 8.30 a.m. ET.Contributor comments: 'Cloud Stocks: Analysis Of Anaplan's PaaS Strategy'Previously: Anaplan EPS beats by $0.05, beats on revenue (Nov. 24)

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Anaplan +5.7% after Q3 results raises FY guidance