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

Appian

03/08/2023 22:56

* Appian Corp  APPN.OQ  reported a quarterly adjusted loss
of 39
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for a loss
of 43 cents per share.
    * Revenue rose 16% to $127.72 million from a year ago;
analysts
expected $124.29 million. 
    * Appian Corp's reported EPS for the quarter was a loss
of 58
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Appian Corp shares had risen by 1.8% this quarter and
gained 48.8% so far this year.
    * The company reported a quarterly loss of $42.36 million.
    * Wall Street's median 12-month price target for Appian Corp
is
$49.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:55 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.43          -0.39          Beat
 Mar. 31 2023      -0.29          -0.27          Beat
 Dec. 31 2022      -0.40          -0.28          Beat
 Sep. 30 2022      -0.23          -0.43          Missed