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Alteryx, Inc. (NYSE:AYX ) Investor Session at Inspire 2023 Conference May 23, 2023 4:00 PM ET Company Participants Ryan Goodman - VP, IR Mark Anderson - CEO Suresh Vittal - Chief Product Officer Paula Hansen - President and Chief Revenue Officer Kevin Rubin - CFO Libby Duane Adams - Co-Founder and Chief Advocacy Officer Asa Whillock - VP and GM, Machine Learning Krishnan Parasuraman - VP and Head, Global Field CTO Office, Snowflake Greg Sarafin - Global Managing Partner, Ernst & Young Alliance Ecosystem Conference Call Participants Mike Cikos - Needham Sanjit Singh - Morgan Stanley Alex Sklar - Raymond James Unidentified Company Representative Good afternoon. Please welcome Ryan Goodman, Vice President, Investor Relations.
Alteryx Inc. NYSE: AYX is a big data analytics automation platform enabling companies to collect, process, prepare and analyze data in different formats from different sources. Its flexible and intuitive platform enables companies to adopt and utilize big data analytics to implement data-driven decisions and solutions.
Alteryx posted a mixed first-quarter earnings report. Its top-line growth is cooling off and its debt levels are rising.
Shares of Alteryx plunged more than 15% after the company reported Q1 results. Management is indicating that growth will decelerate to roughly flat in Q2, a sign of the tough macroeconomic environment.
After a solid first quarter, the company sees just flat revenue growth in the current quarter. Alteryx said it was laying off 11% of its workforce.
Alteryx, Inc. (AYX) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.40 per share a year ago.
Alteryx Inc. AYX fell in the extended session Thursday after the data software company reported mixed results and outlook with respect to Wall Street expectations. Alteryx shares fell as much as 15% after hours, following a 1.3% rise in the regular session to close at $51.02.
Alteryx: Credit Risk Now Takes Precedence Over Business Execution.
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Alteryx, Inc. reported its Q4 and full year 2022 financial results on February 9, 2023. The firm provides data automation software to organizations worldwide.