Appian Q2 cloud subscription revenue up 44% to $42.5M; GAAP net loss widens to $23.8M

APPIAN CORP

2021-Q2 EPS reported -$0.53 revenue$171,854,000

Cloud subscription revenue $42.5M, up 44% YoY; total subscriptions $56.9M (+37%).
Total revenue $83.0M, +24% YoY; professional services $26.1M.
GAAP net loss $(23.8)M ($0.34 loss per share) vs $(11.8)M loss a year ago.
Non-GAAP net loss $(16.9)M ($0.24 loss per share); Adj. EBITDA loss $(16.3)M.
CEO announced acquisition of a leading process mining firm to unify process mining and low-code automation.

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