BELLEVUE, Wash. (AP) _ Smartsheet Inc. (SMAR) on Tuesday reported a loss of $70.5 million in its fiscal first quarter.

On a per-share basis, the Bellevue, Washington-based company said it had a loss of 55 cents. Losses, adjusted for stock option expense and amortization costs, were 19 cents per share.

The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for a loss of 19 cents per share.

The maker of a cloud-based work-management platform posted revenue of $168.3 million in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $162.5 million.

For the current quarter ending in August, Smartsheet expects its results to range from a loss of 21 cents per share to a loss of 19 cents per share.

The company said it expects revenue in the range of $180 million to $181 million for the fiscal second quarter.

Smartsheet expects full-year results to range from a loss of 67 cents per share to a loss of 59 cents per share, with revenue ranging from $756 million to $761 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMAR at https://www.zacks.com/ap/SMAR

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