TECH - Cloud Computing Firm Appian Stock Nosedives After Q1 Print What's Going On? | Benzinga
Appian Corp (NASDAQ:APPN) reported fiscal first-quarter 2024 revenue growth of 11% year-on-year to $149.84 million, marginally beating the analyst consensus of $149.76 million.
Adjusted EPS loss of 24 cents missed the analyst consensus loss of 16 cents. The stock price plunged close to 20% after the results.
Total subscription revenue increased 19% year over year to $117.7 million. Professional services revenue was ...