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Appian has slid recently on slowing growth, but the company is showing surprisingly strong net revenue retention rates. The stock's YTD slide has taken it to a bargain-basement ~3x FY25 revenue multiple, which gives investors a major layer of safety. In the long run, the company still benefits from companies' desire to automate more and more tasks to save on redundant headcount costs.
MCLEAN, Va. , June 24, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) is proud to announce that Stephanie Eade, Senior Director of Global Partner Marketing, has been named by Channel Insider, a TechnologyAdvice brand, to its inaugural Channel Marketing Leaders 100 list.
Tech employees are advocating for heightened oversight and regulation surrounding the rapidly evolving artificial intelligence landscape. Former and current employees from prominent tech giants like OpenAI, Alphabet's Google (GOOG, GOOGL), and Anthropic have released an open letter, raising concerns about the lack of governance to ensure the safe development of AI technologies.
Appian's Connected Underwriting Life Workbench helps insurers unify data and automate workflows MCLEAN, Va. , June 4, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) today announced a strategic partnership with ReleasePoint, a premier provider of medical information solutions for the insurance industry.
Appian shares fell double digits on its recent earnings due to weaker-than-expected guidance. The company has rolled out new AI products and an advanced pricing tier to monetize that market.
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Microsoft, Amazon and Google are spending billions on AI. But Appian CEO Matt Calkins says that ensuring success in the field is "not just about money.
Appian's (APPN) total subscription revenue rose 19% year-over-year. CEO Matt Calkins joins Nicole Petallides to give an overview of the company.
While the top- and bottom-line numbers for Appian (APPN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Appian's cloud subscription growth was strong, but overall revenue growth was sluggish. Guidance was also below expectations.