Appian: Q1 Earnings Insights - Appian (NASDAQ:APPN)

Appian APPN reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Appian beat estimated earnings by 6.9%, reporting an EPS of $-0.27 versus an estimate of $-0.29.

Revenue was up $20.97 million from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 2.45% increase in the share price the next day.

Here's a look at Appian's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.40	-0.22	-0.35	-0.13
EPS Actual	-0.28	-0.43	-0.46	-0.06
Revenue Estimate	122.99M	115.94M	103.93M	107.31M
Revenue Actual	125.79M	117.88M	110.06M	114.27M

To track all earnings releases for Appian visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.