Appian Corp reports results for the quarter ended in December - Earnings Summary

Appian

15/02/2024 14:31

* Appian Corp  APPN.OQ  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -28
cents.  The mean expectation of nine analysts for the quarter
was for a loss of 24 cents per share. Wall Street expected
results to range from -27 cents to -22 cents per share.
    * Revenue rose 15.5% to $145.32 million from a year ago;
analysts
expected $140.92 million. 
    * Appian Corp's reported EPS for the quarter was a loss
of 14
cents​.
    * The company reported a quarterly loss of $10.06 million.
    * Appian Corp shares had fallen by 11.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Appian Corp
is
$45.00 

This summary was machine generated from LSEG data February 15 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.24          0.06           Beat
 Sep. 30 2023      -0.25          -0.20          Beat
 Jun. 30 2023      -0.43          -0.39          Beat
 Mar. 31 2023      -0.29          -0.27          Beat