Appian Corp (NASDAQ:APPN) reported a 16% year-on-year revenue growth for Q4 FY21, reaching $145.3 million and surpassing the consensus of $140.9 million. The adjusted EPS loss of $0.06 also beat the consensus loss of $(0.24), leading to a stock price increase. Subscription revenue grew by 24% Y/Y to $115.8 million, while professional services revenue declined by 9% Y/Y to $29.5 million. CEO Matt Calkins highlighted reaching two milestones in 2023: exceeding half a billion dollars in full-year revenue and achieving the highest quarterly gross margin in the company's history. Appian's outlook for Q1 revenue is $148.00 million to $150.00 million, slightly below the consensus of $150.84 million, and expects an adjusted EPS loss of $(0.21) to $(0.16), compared to the consensus loss of $(0.17). For FY24, the company forecasts revenue of $615.00 million to $617.00 million, below the consensus of $618.17 million, and an adjusted EPS loss of $(0.73) to $(0.66), against the consensus loss of $(0.60). APPN shares surged 12.3% to $37.50 in premarket trading.