Alteryx Sees Q3 Adj. EP $(0.08)-$(0.04) vs $(0.09) Est., Revenue $208M-$212M vs $233.04M Est.
Portfolio Pulse from Benzinga Newsdesk
Alteryx has projected its Q3 adjusted earnings per share (EPS) to be between $(0.08) and $(0.04), which is better than the estimated $(0.09). However, the company's revenue forecast of $208M-$212M is lower than the estimated $233.04M.
August 07, 2023 | 9:04 pm
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Alteryx's Q3 EPS forecast is better than estimated, but its revenue projection is lower than expected.
Alteryx's better-than-expected EPS forecast could have a positive impact on its stock price. However, the lower revenue projection could offset this positive impact, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100