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

Appian

10/05/2023 01:34

* Appian Corp  APPN.OQ  reported a quarterly adjusted loss
of 27
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of 29
cents per share.
    * Revenue rose 18.4% to $135.24 million from a year ago;
analysts
expected $131.41 million. 
    * Appian Corp's reported EPS for the quarter was a loss
of 51
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.2%
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 fallen by 20.0% this quarter and
gained 9.0% so far this year.
    * The company reported a quarterly loss of $36.83 million.
    * Wall Street's median 12-month price target for Appian Corp
is
$45.10 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 12:34 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.29          -0.27          Beat
 Dec. 31 2022      -0.40          -0.28          Beat
 Sep. 30 2022      -0.23          -0.43          Missed
 Jun. 30 2022      -0.35          -0.46          Missed