PLAN - Anaplan shares up after beat-and-raise fourth quarter

Anaplan (PLAN) shares gain 1% pre-market after upside Q4 results with 25% revenue growth to $122.52M and a narrower than expected loss per share of $0.07, three cents better than consensus.Subscription revenue was up 26% on the year to $112.6M.Remaining Performance Obligation increased 25% to $818M.Dollar-based net expansion was 114%.Adjusted operating margin was negative 7.7% vs. the negative 11.2% in last year's quarter.Cash and equivalents totaled $321M as of January 31.For Q1, the company guides revenue of $126.5-127.5M, which matches consensus at the lower end, and a negative adjusted operating margin of 9.5-10.5%. As a baseline for Q1, billings are expected at $122-124M.Anaplan raises its full-year outlook to revenue of $550-555M (was: about $550M; consensus: $ ) and negative operating margin of 8-9%.Press release.

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Anaplan shares up after beat-and-raise fourth quarter