Loading...
•
Dec 31, 2024
Appian Q4 2024 Earnings Report
Estimated Revenue:$163M
+14.1% YoY
Estimated EPS:-$0.00788
+96.9% YoY
Key Takeaways
Appian's Q4 2024 revenue increased by 15% year-over-year to $166.7 million, driven by 19% growth in cloud subscription revenue. The company reported a GAAP operating income of $5.0 million, a significant improvement from the prior year's loss. However, GAAP net loss widened to $13.6 million due to foreign currency exchange losses.
Total revenue grew 15% year-over-year to $166.7 million.
Cloud subscription revenue increased 19% to $98.9 million.
GAAP operating income reached $5.0 million, up from a loss of $16.8 million last year.
GAAP net loss widened to $13.6 million, impacted by foreign exchange losses.
Revenue by Segment
Forward Guidance
Appian expects continued growth in cloud subscription revenue and total revenue in Q1 2025, while improving adjusted EBITDA.
Positive Outlook
- Cloud subscription revenue expected to grow 12% to 14% year-over-year.
- Total revenue expected to increase 8% to 9% year-over-year.
- Adjusted EBITDA projected between $8.0 million and $10.0 million.
- Continued expansion in AI-driven process automation.
- Strong customer retention with cloud subscription revenue retention at 116%.
Challenges Ahead
- Foreign exchange volatility remains a risk.
- Non-GAAP net income per share guidance of only $0.02 to $0.05.
- Professional services revenue growth remains slow.
- Operating expenses remain high, impacting profitability.
Loading...
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...