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home / news releases / AYX - Alteryx: With Growth Restored It's Time To Buy The Dip

AYX - Alteryx: With Growth Restored It's Time To Buy The Dip

Alteryx Inc. Class A
  • Shares of Alteryx attempted a rebound in April, but have since fallen and are down ~15% year-to-date.
  • At the same time, the company's Q1 results showed a powerful re-acceleration in revenue growth back above 30% y/y.
  • Alteryx remains well positioned in a huge $65 billion global TAM.
  • Its sky-high gross margins also position the company to become a big profit generator in the future.
  • Alteryx's ~5x forward revenue multiple is very favorably valued for continued upside.

For further details see:

Alteryx: With Growth Restored, It's Time To Buy The Dip
Stock Information
Company Name: Alteryx Inc. Class A
Stock Symbol: AYX
Market: NYSE
Website: alteryx.com
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