secwatch.observer — SEC 8-K summary
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Issuer:     APPIAN CORP (APPN)
CIK:        0001441683
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001441683-24-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Appian Q2 cloud subscription revenue up 19% to $88.4M; guides to FY2024 adjusted EBITDA breakeven
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- Total revenue $146.5M (+15% YoY); cloud subscription revenue $88.4M (+19%).
- GAAP net loss $(43.6M) ($(0.60)/share); non-GAAP net loss $(19.1M) ($(0.26)/share).
- Adjusted EBITDA loss improved to $(10.5M) from $(24.7M) YoY.
- Management expects adjusted EBITDA breakeven for full year 2024, accelerating profitability.
- Cloud subscription revenue retention rate 118% as of June 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441683/000144168324000068/0001441683-24-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441683/000144168324000068/appn-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001441683-24-000068

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