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Update: Appian Shares Jump After Q4 Results Beat
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Update: Appian Shares Jump After Q4 Results Beat
Feb 19, 2025 9:14 AM

11:50 AM EST, 02/19/2025 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.)

Appian (APPN) shares rose about 21% in recent Wednesday trading after the company reported Q4 results that topped market expectations.

Earlier, the company reported a breakeven in Q4 adjusted EPS, compared with a profit of $0.06 per share a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended Dec. 31 was $166.7 million, up from $145.3 million a year earlier.

Analysts surveyed by FactSet expected $164.3 million.

For Q1, the software firm expects non-GAAP EPS of $0.02 to $0.05 on revenue of $162.0 million to $164.0 million. Analysts expect non-GAAP earnings of $0.00 per share on revenue of $167.0 million.

For 2025, the company expects non-GAAP net income of $0.17 and $0.22 per share on revenue of $680.0 million to $684.0 million. Analysts expect non-GAAP earnings of $0.13 per share on revenue of $683.1 million.

Price: 38.81, Change: +6.77, Percent Change: +21.13

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