Appian Q3 cloud subscription revenue up 27% to $77.2M; net loss narrows to $(0.30)/share

APPIAN CORP

2023-Q3 EPS reported -$1.39 revenue$400,044,000

Cloud subscription revenue $77.2M (+27% YoY); total revenue $137.1M (+16% YoY).
GAAP net loss $(22.3)M ($(0.30)/share) improved from $(44.0)M ($(0.61)) a year ago.
Non-GAAP net loss $(14.7)M ($(0.20)/share) versus $(30.9)M ($(0.43)) in prior year.
Cloud subscription revenue retention rate 117% as of Sept 30, 2023.
Cash and investments $169.5M; operating cash outflow $(65.0)M for Q3 2023.

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 0.9

APPIAN CORP reported third quarter ended September 30, 2023 results: revenue $137.1 million, net income $(22.3) million, EPS $(0.30).

Period: third quarter ended September 30, 2023
Revenue: $137.1 million
Net income: $(22.3) million
EPS: $(0.30)
Result: reported results

Exact text from the filing

increased 20% year-over-year to $103.8 million. Professional services revenue was $33.3 million, an increase of 6% compared to the third quarter of 2022. Total revenue was $137.1 million, up 16% compared to the third quarter of 2022. Cloud subscription revenue retention rate was 117% as of September 30, 2023. • Operating loss and non-GAAP operating loss: GAAP

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Source: SEC EDGAR

accession 0001441683-23-000092

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