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LONDON, April 02, 2025 (GLOBE NEWSWIRE) -- Appian Capital Advisory LLP (“Appian”), the investment advisor to long-term value-focused private capital funds that invest in companies in metals, mining, and adjacent industries, is pleased to announce the completion of the sale of Mineração Vale Verde (“MVV”) to Baiyin Nonferrous Group Co., Ltd (“Baiyin Nonferrous”) for an all-cash offer of US$420 million.
MCLEAN, Va. , March 7, 2025 /PRNewswire/ -- Appian announced today that the Supreme Court of Virginia agreed to hear its petition seeking to reinstate the $2.036 billion judgment against Pegasystems, Inc. ("Pega").
MCLEAN, Va. , March 6, 2025 /PRNewswire/ -- Appian (NASDAQ: APPN) today announced the latest version of the Appian Platform , which delivers improved scalability, speed, and performance for enterprise applications.
Appian (APPN 0.25%) has struggled on the stock market in recent years even as it's continued to deliver steady top-line growth.
MCLEAN, Va., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) announced today that management will be presenting and hosting meetings with institutional investors at the following upcoming conferences: Morgan Stanley Technology, Media and Telecom Conference in San Francisco Tuesday, March 4, 2025A fireside chat is scheduled for 3:20pm PST and will be webcast live at the following link: https://event.webcasts.com/starthere.jsp?ei=1709604&tp_key=ebc351161f&tp_special=8 KeyBanc Capital Markets Emerging Technology Summit in San Francisco Wednesday, March 5, 20251x1 Investor Meetings Cantor Global Technology Conference in New York City Tuesday, March 11, 20251x1 Investor Meetings Replays of the fireside chat will be available for a limited time under the “News and Events” section of the Company's investor relations website at http://investors.appian.com.
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.