HomeFinanceAnaplan Shares Up After Company Reports 2Q Financial Results

Anaplan Shares Up After Company Reports 2Q Financial Results

By Stephen Nakrosis

Shares of Anaplan Inc. are trading higher in Tuesday’s after-hours session following the company’s release of second-quarter financial results that showed higher revenue in the period.

The company also raised its revenue guidance for fiscal year 2022 revenue to a range of $571.5 million to $573.5 million from an earlier range of $555 million and $560 million.

At 4:55 p.m. EDT, shares were trading 15.32% higher at $69.17 per share. Volume topped 556,000 shares. The company’s stock finished the day’s regular-trading session with a 2.3% loss at $59.98 a share.

After the bell, the company reported a second-quarter net loss per share of 35 cents a share on revenue of $144.3 million. In the year-ago period, the company reported a net loss per share of 26 cents on revenue of $106.5 million.

The company also said it was expecting third-quarter revenue in a range between $145.5 million and $146.5 million.

Anaplan said it provides a cloud-native platform for orchestrating business performance.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

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