AYX - Alteryx Non-GAAP EPS of -$0.46 beats by $0.14 revenue of $180.6M beats by $19.65M raises FY22 revenue guidance

• Alteryx press release ( NYSE: AYX ): Q2 Non-GAAP EPS of -$0.46 beats by $0.14 .
• Revenue of $180.6M (+50.4% Y/Y) beats by $19.65M .
• Shares +11% .
• Third Quarter 2022 Guidance:
  • Revenue is expected to be in the range of $191 million to $194 million vs. $173.63M consensus, representing year-over-year growth of 55% to 57%.
  • ARR is expected to be in the range of $761 million to $764 million, representing year-over-year growth of 32%.
  • Non-GAAP loss from operations is expected to be in the range of $(8) million to $(5) million.
  • Non-GAAP net loss per share is expected to be in the range of $(0.12) to $(0.09) vs. -$0.12 consensus
    based on approximately 68.8 million non-GAAP weighted-average basic and diluted shares outstanding.
  • Full Year 2022 Guidance:
    • Revenue is expected to be in the range of $770 million to $780 million from prior outlook of $730 million to $740 million vs. $734M consensus, representing year-over-year growth of 44% to 45%.
    • ARR is expected to be in the range of $820 million to $830 million, representing year-over-year growth of 29% to 30%.
    • Non-GAAP loss from operations is expected to be in the range of $(30) million to $(20) million.
    • Re-affirms Non-GAAP net loss per share is expected to be in the range of $(0.56) to $(0.46) vs. -$0.56 consensusbased on approximately 68.6 million non-GAAP weighted-average basic and diluted shares outstanding, and an effective tax rate of 20%.

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