Appian APPN reported its Q4 earnings results on Thursday, February 17, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Appian beat estimated earnings by 30.43%, reporting an EPS of $-0.16 versus an estimate of $-0.23.
Revenue was up $23.36 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03, which was followed by a 12.24% drop in the share price the next day.
Here's a look at Appian's past performance:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Appian management provided guidance for their next quarter, expecting earnings between $-0.15 and $-0.12 per share for the next quarter.
This represents a 15.62% in quarter-over-quarter growth for Appian, a bullish signal to many investors.
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