Smartsheet’s business is on a roll.

The Seattle-area software company set records “on multiple financial and operational levels,” CEO Mark Mader said in a statement following a third quarter earnings report. Revenue grew 46% to a record-high $144.6 million and non-GAAP net loss per share was $0.03, beating expectations. Customers with annualized contract values of $100,000 or more increased to 868, up 72% year-over-year.

Smartsheet, which sells collaboration work management software, raised its full-year projections as fiscal year 2022 revenue is expected between $544 to $545 million. Wall Street seemed pleased, with shares were up more than 15% in after-hours trading.

“Our platform can scale from a simple project management tool used by a five-person firm to an enterprise SaaS platform that enables work across critical business systems at the largest companies in the world,” Mader said in a statement. “Our business model and teams are primed to seize the enormous opportunity ahead of us to help global customers of all sizes transform how they work.”

Smartsheet said more than 9.5 million people and 100,000 companies now use its platform. Customers include Cisco, Meta, Adobe and Amazon Web Services.

Smartsheet’s stock had fallen more than 20% since September. The company’s market capitalization is $7.7 billion. Smartsheet competes with Asana, Monday.com, Wrike, Microsoft, and others.

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