Appian (APPN) reported earnings on Thur 8 Aug 2019 (a/h)

** charts before earnings **

 

** charts after earnings **

Appian beats by $0.07, beats on revs; guides Q3 EPS below consensus, revs above consensus; narrows FY19 EPS guidance; raises FY19 rev guidance

Reports Q2 (Jun) loss of $0.10 per share, excluding non-recurring items, $0.07 better than the S&P Capital IQ Consensus of ($0.17); revenues rose 11.7% year/year to $66.9 mln vs the $63.44 mln S&P Capital IQ Consensus.

Co issues mixed guidancefor Q3, sees EPS of ($0.16) - ($0.15), excluding non-recurring items, vs. ($0.11) S&P Capital IQ Consensus; sees Q3 revs of $65.0-65.5 mln vs. $64.48 mln S&P Capital IQ Consensus.

Co issues guidancefor FY19, narrows EPS of ($0.55) - ($0.51) from ($0.55) - ($0.50), excluding non-recurring items, vs. ($0.53) S&P Capital IQ Consensus; sees FY19 revs of $260.5-262.5 mln from $255-258 mln vs. $256.94 mln S&P Capital IQ Consensus.