APPN Stock Recent News

LONDON , Feb. 25, 2025 /PRNewswire/ -- New research from Appian (Nasdaq: APPN), in partnership with Coforge (NSE: COFORGE), reveals that, on average, manual process inefficiency is costing public sector workers five hours per week in extra work or delays. Across the UK's 6.12 million public sector workforce, this adds up to 30.6 million hours of extra work every week.

The technology sector often sees investment narratives dominated by the Magnificent Seven tech stocks. While these giants have earned their status, focusing solely on them can mean missing significant opportunities.

Appian's focus on process automation and low-code solutions has driven significant growth, with revenue accelerating to 15% y/y in the company's Q4 results. APPN stock jumped more than 15% after posting earnings, and yet still trades at a below-market ~4x forward revenue multiple. The company is beginning to achieve significant adjusted EBITDA leverage, driven by improving gross margins and high net retention rates.

On Wednesday, Appian Corp (NASDAQ: APPN) reported fiscal fourth-quarter 2024 revenue growth of 15% year-on-year to $166.69 million, beating the analyst consensus estimate of $164.26 million.

The stock market was having a generally negative morning on Wednesday, with all three major indexes firmly in the red as of 10 a.m. ET. However, low-code software company Appian (APPN 17.66%) was a big exception: Its shares were trading more than 16% higher.

Appian Corporation (NASDAQ:APPN ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Jack Andrews - IR Matt Calkins - Founder & CEO Mark Lynch - Interim CFO Conference Call Participants Sanjit Singh - Morgan Stanley Steve Enders - Citi Derrick Wood - TD Cowen Raimo Lenschow - Barclays Nick Altmann - Scotiabank Devin Au - KeyBanc Capital Markets Operator Good day, and welcome to Appian's Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Appian (APPN 1.23%), a leader in low-code and process automation platform solutions, recently released its fourth quarter of 2024 earnings on February 19, 2025. The earnings reveal strong cloud subscription revenue growth coupled with operational efficiencies that helped reverse operating losses to operating income.

Appian (APPN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.06 per share a year ago.

Fourth quarter cloud subscription revenue increased 19% year-over-year to $98.9 millionFull year cloud subscription revenue increased 21% year-over year to $368.0 million MCLEAN, Va., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) today announced financial results for the fourth quarter and full year ended December 31, 2024.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Appian (APPN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.