Appian Q4 2023 Adj EPS $0.06 Beats $(0.24) Estimate, Sales $145.30M Beat $140.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
Appian (NASDAQ:APPN) reported Q4 2023 adjusted EPS of $0.06, surpassing the $(0.24) estimate, with sales of $145.30M exceeding the $140.92M forecast. This represents a 15.51% increase in sales compared to the same period last year.
February 15, 2024 | 12:04 pm
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POSITIVE IMPACT
Appian's Q4 2023 earnings and sales beat estimates, with a significant year-over-year sales growth.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales increase, typically leads to positive investor sentiment and could boost the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100