Appian Expects Q3 Total Revenue Of $134M-$136M (Consensus $134.25M); Adj EPS $(0.28)-$(0.23), Consensus $(0.25)
Portfolio Pulse from Benzinga Newsdesk
Appian Corporation (APPN) has projected its Q3 total revenue to be between $134M and $136M, which is in line with the consensus estimate of $134.25M. The company also expects its adjusted EPS to be between $(0.28) and $(0.23), compared to the consensus estimate of $(0.25).
August 04, 2023 | 2:46 pm
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Appian's Q3 revenue and EPS projections are in line with market expectations. This could stabilize the stock price in the short term.
Appian's projected Q3 revenue and EPS are in line with consensus estimates, indicating that the company's performance is as expected. This could prevent any major fluctuations in the stock price in the short term, as investors typically react to surprises or deviations from expected performance.
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IMPORTANCE 75
RELEVANCE 100