Why Anaplan Shares Are Trading Higher Today

Why Anaplan Shares Are Trading Higher Today

Anaplan Inc (NYSE: PLAN) is trading higher Wednesday after the company reported better-than-expected second-quarter fiscal 2022 financial results and issued guidance above estimates.

Anaplan reported a quarterly adjusted earnings loss of 9 cents per share, which beat the estimate for a loss of 14 cents per share. The company reported quarterly revenue of $144.3 million, which beat the estimate of $134.02 million.