earnings
confidence high
sentiment negative
materiality 0.75
Appian Q3 cloud subscription revenue up 36% to $46.7M; net loss widens to $25.4M
APPIAN CORP
2021-Q3 EPS reported
-$0.89
revenue$264,271,000
- Cloud subscription revenue $46.7M, up 36% YoY, above top end of guidance.
- Total revenue $92.4M (+20% YoY); subscriptions revenue $67.2M (+32% YoY).
- GAAP net loss $(25.4)M ($(0.36)/share) vs $(3.6)M loss a year ago; non-GAAP loss $(15.9)M.
- Adjusted EBITDA loss $(12.0)M vs $(2.4)M; operating cash burn $(25.1)M vs $(6.5)M.
- Cloud subscription revenue retention rate 117% as of Sept 30, 2021.