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Appian Expects FY24 Revenue Of $610M-$615M Vs $615.69M Est, Adj EPS Of $(0.61)-$(0.52) Vs $(0.80) Est

Author: Benzinga Newsdesk | August 01, 2024 07:15am

Full Year 2024 Guidance:
- Cloud subscription revenue is expected to be between $358.0 million and $360.0 million, representing year-over-year growth of 18%.
- Total revenue is expected to be between $610.0 million and $615.0 million, representing a year-over-year increase of 12% to 13%.
- Adjusted EBITDA is expected to be between $(3.0) million and $3.0 million.
- Non-GAAP net loss per share is expected to be between $(0.61) and $(0.52), assuming weighted average common shares outstanding of 72.6 million.

Posted In: APPN