earnings
confidence high
sentiment positive
materiality 0.70
Appian Q1 preliminary: Cloud subs rev $86.6M (+24%), total rev $149.8M (+11%)
APPIAN CORP
2024-Q1 EPS reported
-$0.45
revenue$149,835,000
- Cloud subscriptions revenue $86.6M, up 24% YoY; total revenue $149.8M, up 11%.
- GAAP net loss improved to $(33.9M)-(32.4M) from $(36.8M) in Q1 2023.
- Adjusted EBITDA loss narrowed to $(2.0M)-(1.0M) from $(15.8M).
- Preliminary results announced during Appian World 2024 Investor Day.