secwatch / observer
8-K filed April 27, 2023, 7:59 PM ET CIK 0001689923
earnings confidence high sentiment neutral materiality 0.80

Alteryx, Inc.: restructuring charge — Alteryx Q1 revenue up 26% to $199M, ARR $857M, layoffs 11% of workforce

Alteryx, Inc.

2023-Q1 EPS reported -$1.27 revenue$199,087,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Alteryx, Inc. reported first quarter ended March 31, 2023 results: revenue $199.1 million, net income $(89.0) million, EPS $(1.27). Guidance raised.

Period
first quarter ended March 31, 2023
Revenue
$199.1 million
Net income
$(89.0) million
EPS
$(1.27)
Guidance
raised
Result
reported results
Exact text from the filing
to demonstrate strong resilience in an increasingly dynamic macro backdrop.” First Quarter 2023 Financial Highlights • Revenue : Revenue for the first quarter of 2023 was $199.1 million, an increase of 26%, compared to revenue of $157.9 million in the first quarter of 2022. • Gross Profit : GAAP gross profit for the first quarter of 2023 was $168.6 million, or a
View on SEC.gov
Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 1.0

Alteryx, Inc. announced a restructuring with charges of approximately $11 million to $13 million affecting sales and marketing and general and administrative organizations (approximately 11%, or approximately 320, of the Company’s full-time employees).

Type
restructuring
Charge
approximately $11 million to $13 million
Affected area
sales and marketing and general and administrative organizations
Headcount
approximately 11%, or approximately 320, of the Company’s full-time employees
Exact text from the filing
The Workforce Reduction Plan is expected to impact approximately 11%, or approximately 320, of the Company’s full-time employees, primarily in the sales and marketing and general and administrative organizations. The Company currently estimates that it will incur charges of approximately $11 million to $13 million in connection with the Workforce Reduction Plan
View on SEC.gov

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Source: SEC EDGAR
accession 0001689923-23-000032
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