- Alteryx reported Q1 earnings a few weeks ago.
- Results included significant beats in terms of revenue, non-GAAP earnings, and ARR growth.
- The company raised guidance - somewhat - but most particularly increased its expectations for ARR growth to the low-30% range in the 2nd half of the year.
- At the company’s Inspire event, Alteryx launched its first Cloud Native product, the Alteryx Cloud Designer. In addition, it launched its initial foray into the land of AI for Citizen Data Scientists.
- Alteryx shares are still actually lower than they were the day after earnings were released. The company's EV/S ratio is far below peers at just more than 11X projected revenues for the next 12 months.
For further details see:
Alteryx - Sighting Of A Phoenix