Shares of Appian Corp (APPN) soared 19.57% in the pre-market trading session on Wednesday, riding on the back of the company's better-than-expected fourth-quarter 2024 financial performance and upbeat guidance for the current quarter and full year.
The low-code automation platform provider reported an adjusted earnings per share of $0.15 for the fourth quarter, surpassing analysts' expectations of a $0.01 loss per share. Additionally, Appian's revenue for the quarter reached $166.685 million, beating the consensus estimate of $164.263 million, thanks to higher demand for its cloud-based solutions.
Looking ahead, Appian expects non-GAAP net income between $0.02 and $0.05 per diluted share on revenue ranging from $162.0 million to $164.0 million for the first quarter of 2025. For the full year 2025, the company forecasts non-GAAP net income of $0.17 to $0.22 per share on revenue of $680.0 million to $684.0 million.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。