APPN Earnings Prediction
The chart below shows how APPN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, APPN sees a +0.69% change in stock price 10 days leading up to the earnings, and a -3.40% change 10 days following the report. On the earnings day itself, the stock moves by +0.08%. This data can give you a slight idea of what to expect for the next quarter's release.
APPN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
166.69M
14.70%
8.20%
Gross Margin
78.59%
2.88%
3.50%
Operating Margin
3.21%
127.72%
-172.30%
Net Margin
-8.19%
18.87%
502.21%
EPS
-0.18
-28.57%
500.00%
No Data Available
APPN Earnings Analysis
Appian Corp Corporation (APPN.O) Earnings Conference Call
Positive
Cloud Subscription Growth: Cloud subscription revenue grew 19% to $98.9 million in Q4 2024.
Revenue Increase Q4 2024: Total revenue increased by 15% to $166.7 million in Q4 2024.
Positive Adjusted EBITDA: Adjusted EBITDA was positive at $21.2 million, exceeding guidance expectations.
Strong Cloud Retention Rate: Cloud subscription revenue retention rate was strong at 116%.
Record Non-GAAP Gross Margin: Non-GAAP gross margin reached 80%, the best performance since the IPO.
Cloud Subscription Revenue Growth: For the full year, cloud subscription revenue grew 21% to $368 million.
Customer Upsell Opportunities: Two-thirds of customers purchased more software during the year, indicating strong upsell opportunities.
Appian Revenue Expansion: A leading US insurance provider expanded its use of Appian, generating an additional $2 billion in revenue annually.
AI Integration for Efficiency: Appian's AI capabilities are being integrated into customer processes, enhancing efficiency and effectiveness.
Federal Government Growth Opportunities: The company is optimistic about growth opportunities in the federal government sector.
Negative
Earnings Miss Reported: Appian Corporation missed earnings expectations with a reported EPS of $-0.18454, significantly lower than the expected $-0.01.
Cloud Subscription Retention Decline: The cloud subscription revenue retention rate decreased to 116% from 119% a year ago, indicating a decline in customer retention.
Professional Services Stagnation: Professional services revenue grew only 1% year-over-year, suggesting stagnation in this segment.
Decline in Customer Acquisition: Cloud software net new ACV bookings dropped to approximately 65% of total net new software bookings in Q4, down from 80% in the prior year, indicating a decline in new customer acquisition.
Foreign Exchange Losses Increase: The company reported approximately $14.3 million in foreign exchange losses compared to $11.1 million in gains in the same period last year, highlighting increased financial volatility.
Profitability Decline Analysis: Non-GAAP net loss was $2.2 million, a significant decline from a non-GAAP net income of $4.9 million in the same quarter last year, indicating worsening profitability.
Cloud Subscription Revenue Guidance: For Q1 2025, the guidance for cloud subscription revenue growth is expected to be between 12% and 14%, which is lower than previous growth rates, suggesting a slowdown in momentum.
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APPN Earning Call Sentiment
Appian Corporation (NASDAQ:APPN) Q4 2024 Earnings Call Transcript
APPN.O
-3.73%Positive
The earnings call presents mixed signals. Financial performance shows growth in revenue and EBITDA, but decreased cloud subscription retention and a non-GAAP net loss raise concerns. The cautious market outlook, especially regarding the federal sector, adds uncertainty. No share repurchase program is a negative factor. However, positive EBITDA and revenue growth, along with optimistic AI integration, balance the sentiment. Given the mid-sized market cap, these mixed factors suggest a neutral stock price movement in the short term.
