secwatch.observer — SEC 8-K summary
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Issuer:     APPIAN CORP (APPN)
CIK:        0001441683
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001441683-23-000070
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Appian Q2 cloud subscription revenue up 30% to $74.4M; GAAP EPS loss $(0.58)
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- Cloud subscription revenue $74.4M (+30% YoY); total subscriptions revenue $93.8M (+22%); total revenue $127.7M (+16%).
- GAAP net loss $(42.4)M ($(0.58)/share) vs $(49.4)M ($(0.68)/share) a year ago; non-GAAP net loss $(28.5)M ($(0.39)/share).
- Cloud subscription revenue retention rate was 115% as of June 30, 2023.
- Adjusted EBITDA loss $(24.7)M, roughly flat vs $(25.0)M in Q2 2022.
- Ended quarter with $237.0M in cash and investments; operating cash use improved to $(11.9)M from $(29.7)M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441683/000144168323000070/0001441683-23-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441683/000144168323000070/appn-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001441683-23-000070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer