secwatch.observer — SEC 8-K summary
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Issuer:     APPIAN CORP (APPN)
CIK:        0001441683
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001441683-24-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Appian Q1 cloud subscription revenue up 24% to $86.6M; operating loss narrows to $19.5M
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- Cloud subscription revenue $86.6M, up 24% YoY; total subscriptions revenue $117.7M, up 19%.
- GAAP operating loss narrowed to ($19.5M) from ($35.3M); non-GAAP operating loss ($3.7M).
- GAAP net loss per share ($0.45) vs ($0.51); non-GAAP net loss per share ($0.24) vs ($0.27).
- Cloud subscription revenue retention rate 120% as of March 31, 2024.
- Cash and investments $170.1M; operating cash flow $18.9M vs ($25.3M) a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441683/000144168324000040/0001441683-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441683/000144168324000040/appn-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001441683-24-000040

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