Appian Q3 cloud subscription rev $60.6M (+30% YoY); GAAP net loss $(0.61)/share

APPIAN CORP

2022-Q3 EPS reported -$1.61 revenue$342,205,000

Cloud subscription revenue $60.6M (+30% YoY); total revenue $117.9M (+28%).
GAAP net loss $(44.0)M ($(0.61)/share) vs $(25.4)M ($(0.36)) in Q3 2021.
Non-GAAP net loss $(30.9)M ($(0.43)/share) vs $(15.9)M ($(0.22)).
Adjusted EBITDA loss $(22.9)M vs $(12.0)M a year ago; cash and investments $92.7M.
CEO targets reducing losses to 10% of revenue by H2 2023; cloud retention rate 115%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

APPIAN CORP reported the third quarter ended September 30, 2022 results: revenue $117.9 million, net income $(44.0) million, EPS $(0.61).

Period: the third quarter ended September 30, 2022
Revenue: $117.9 million
Net income: $(44.0) million
EPS: $(0.61)
Result: reported results

Exact text from the filing

increased 29% year-over-year to $86.5 million. Professional services revenue was $31.4 million, an increase of 25% compared to the third quarter of 2021. Total revenue was $117.9 million, up 28% compared to the third quarter of 2021. Cloud subscription revenue retention rate was 115% as of September 30, 2022. • Operating loss and non-GAAP operating loss: GAAP

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Source: SEC EDGAR

accession 0001441683-22-000098

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