Smartsheet Fielding Buyout Interest! What Value Can It Extract From Potential Buyer? 

Smartsheet has recently been in the news for fielding buyout interest. The company reported its First Quarter of Fiscal Year 2025 earnings with positive developments, demonstrating steady improvements. The company showcased an expansion, notably reaching a total of 72 customers with annualized recurring revenue (ARR) over $1 million, marking a 50% increase from the previous year. Smartsheet concluded the quarter with ARR of $1.056 billion and more than 14.7 million users, indicating significant growth in its user base.