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Appian Expects Q3 Revenue Of $149M-$153M Vs $142.95M Est, Adj EPS of $(0.10)-$(0.06) Vs $(0.31) Est

Author: Benzinga Newsdesk | August 01, 2024 07:13am

Third Quarter 2024 Guidance:
- Cloud subscription revenue is expected to be between $89.0 million and $91.0 million, representing year-over-year growth of 15% to 18%.
- Total revenue is expected to be between $149.0 million and $153.0 million, representing a year-over-year increase of 9% to 12%.
- Adjusted EBITDA is expected to be between breakeven and $3.0 million.
- Non-GAAP net loss per share is expected to be between $(0.10) and $(0.06), assuming weighted average common shares outstanding of 72.4 million.

Posted In: APPN