AYX Stock Recent News

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.

My tech-growth portfolio made new lows in December, reaching a decline of 40%. Nevertheless, when regarding the glass as half full, SaaS stocks have reached historically low valuations, within just two years of reaching bubble valuations.

Alteryx, Inc. reported its Q4 and full year 2022 financial results on February 9, 2023. The firm provides data automation software to organizations worldwide.

The mean of analysts' price targets for Alteryx, Inc. (AYX) points to a 27.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.