Appian GAAP EPS of -$0.03, revenue of $154.05M
- Appian press release (NASDAQ:APPN): Q3 GAAP EPS of -$0.03.
- Revenue of $154.05M (+12.4% Y/Y).
- Fourth Quarter 2024 Guidance:
- Cloud subscription revenue is expected to be between $95.0 million and $97.0 million, representing year-over-year growth of 14% to 17%.
- Total revenue is expected to be between $163.5 million and $165.5 million, representing a year-over-year increase of 13% to 14%.
- Adjusted EBITDA is expected to be between $6.0 million and $8.0 million.
- Non-GAAP net loss per share is expected to be between $(0.03) and breakeven, assuming weighted average common shares outstanding of 74.0 million.
- Full Year 2024 Guidance:
- Cloud subscription revenue is expected to be between $364.0 million and $366.0 million, representing year-over-year growth of 20%.
- Total revenue is expected to be between $613.0 million and $615.0 million, representing a year-over-year increase of 12% to 13%.
- Adjusted EBITDA is expected to be between $5.0 million and $7.0 million.
- Non-GAAP net loss per share is expected to be between $(0.38) and $(0.35), assuming weighted average common shares outstanding of 73.0 million.
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