Appian Q4 cloud sub revenue up 26% YoY to $83.1M; non-GAAP net income $4.9M

APPIAN CORP

2023-FY EPS reported -$1.52 revenue$545,363,000

Q4 cloud subscription revenue $83.1M (+26% YoY); total revenue $145.3M (+16% YoY).
GAAP net loss narrowed to $10.0M ($0.14 loss per share) from $34.4M loss in Q4 2022.
Non-GAAP net income $4.9M ($0.06 diluted EPS) vs. non-GAAP loss of $20.6M in Q4 2022.
Full year cloud subscription revenue $304.5M (+29%); total revenue $545.4M (+17%).
Adjusted EBITDA positive $1.0M in Q4 vs. loss of $24.8M in prior-year quarter.

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 the fourth quarter and year ended December 31, 2023 results: revenue $145.3 million (Q4) and $545.4 million (FY), net income GAAP net loss of $(10.0) million (Q4) and $(111.4) million (FY).

Period: the fourth quarter and year ended December 31, 2023
Revenue: $145.3 million (Q4) and $545.4 million (FY)
Net income: GAAP net loss of $(10.0) million (Q4) and $(111.4) million (FY)
Result: reported results

Exact text from the filing

increased 24% year-over-year to $115.8 million. Professional services revenue was $29.5 million, a decrease of 9% compared to the fourth quarter of 2022. Total revenue was $145.3 million, up 16% compared to the fourth quarter of 2022. Cloud subscription revenue retention rate was 119% as of December 31, 2023. • Operating loss and non-GAAP operating loss: GAAP

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Source: SEC EDGAR

accession 0001441683-24-000013

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