Appian Corporation is a technology company that specializes in providing low-code automation solutions to help organizations quickly develop and deploy business applications
Their platform allows users to build apps with minimal coding, facilitating streamlined business processes and improved operational efficiency. By integrating artificial intelligence, machine learning, and advanced analytics, Appian empowers businesses to automate their workflows and make data-driven decisions, ultimately enhancing productivity and driving digital transformation. The company serves various industries, enabling clients to address unique challenges and accelerate their digital initiatives.
Shares of low code software development platform provider Appian (Nasdaq: APPN)
jumped 7.8% in the afternoon session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.
Over the past six months, Appian’s stock price fell to $32.70. Shareholders have lost 5.2% of their capital, which is disappointing considering the S&P 500 has climbed by 4.1%. This may have investors wondering how to approach the situation.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the automation software industry, including Appian (NASDAQAPPN) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the automation software industry, including Pegasystems (NASDAQPEGA) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the automation software industry, including Jamf (NASDAQJAMF) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how UiPath (NYSEPATH) and the rest of the automation software stocks fared in Q3.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automation software stocks fared in Q3, starting with ServiceNow (NYSENOW).
Shares of low code software development platform provider Appian (Nasdaq: APPN)
jumped 6.5% in the morning session after market optimism around innovators in the software as a service (SaaS) space continued to improve following strong earnings from Salesforce. The enterprise software giant showcased clear progress in capturing demand for AI solutions, signing 200 deals within a week of launching Agentforce, its new AI platform for enterprise customers. In addition, Salesforce reported thousands more deals in the pipeline, hinting at robust future growth.
Low code software development platform provider Appian (Nasdaq: APPN) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 12.4% year on year to $154.1 million. The company expects next quarter’s revenue to be around $164.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.15 per share was also 277% above analysts’ consensus estimates.
Low code software development platform provider Appian (Nasdaq: APPN)
will be announcing earnings results tomorrow before the bell. Here’s what to expect.
Appian Corp (NASDAQAPPN) reports Q2 2024 revenue growth of 15% to $146.45M, beating analyst estimate. Adjusted EPS loss of 26 cents also beats consensus. Outlook projects continued growth but stock price declines.
