Why Anaplan Stock Is Tanking Today

Chris Neiger, The Motley Fool
·2 min read
Why Anaplan Stock Is Tanking Today

Shares of Anaplan (NYSE: PLAN) fell today after the company released its fourth-quarter and full-year 2021 results this morning. Anaplan reported a fourth-quarter non-GAAP (adjusted) loss of $0.07 per share, which beat Wall Street's expectation of a loss of $0.10 per share. "We delivered solid execution in FY21 with steady new customer growth this quarter," Anaplan CEO Frank Calderoni said in a press release.