Appian Expects Q3 Revenue Of $149M-$153M Vs $142.95M Est, Adj EPS of $(0.10)-$(0.06) Vs $(0.31) Est
Portfolio Pulse from Benzinga Newsdesk
Appian has provided its Q3 2024 guidance, expecting total revenue between $149M and $153M, surpassing the $142.95M estimate. The company also anticipates a non-GAAP net loss per share between $(0.10) and $(0.06), better than the $(0.31) estimate.
August 01, 2024 | 11:13 am
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Appian's Q3 2024 guidance indicates stronger-than-expected revenue and a smaller-than-expected net loss per share, which could positively impact the stock price in the short term.
Appian's guidance for Q3 2024 shows total revenue exceeding estimates and a smaller-than-expected net loss per share. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100