09:55 AM EDT, 08/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

APPN reported Q3 revenue of $170.6M, beating consensus estimates by $10.6M and exceeding its guidance range of $158M-$162M, led by Cloud Subscription revenues of $106.9M (+20.9% Y/Y) accelerating from 15.2% growth in Q2 2024. Non-GAAP EPS of -$0.25 missed estimates by $0.12, though non-GAAP operating margin improved significantly to 3.3% from -8.9% in the prior quarter. We believe APPN can achieve positive non-GAAP net income in 2025 as margins continue rising steadily across the business. The company raised its 2025 revenue guidance to $695M-$703M from the previous range of $680M-$688M, well above the consensus forecast of $682M. Adjusted EBITDA turned positive at $8.1M versus a $10.5M loss in the prior year quarter. APPN appointed David Crozier as Chief Marketing Officer, bringing enterprise software and cloud solutions experience from HPE and IBM to strengthen its go-to-market strategy.