Appian Corporation (NASDAQ:APPN) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Jack Andrews - Investor Relations Matt Calkins - Chairman and CEO Mark Matheos - Chief Financial Officer Conference Call Participants Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Steve Enders - Citi Derrick Wood - TD Cowen Kevin Kumar - Goldman Sachs Jake Roberge - William Blair Operator Good day and thank you for standing by. Welcome to the Appian Second Quarter 2024 Earnings Conferen ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------|--------------------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 Presentation | 2024 Earnings Call | | | | | | | | | | Matt Calkins, Founder & CEO | | | | | | | | | | | Mark Matheos, CFO | | | | | | | | | | | | | | | | | | | | | Disclaimer ...

Exhibit 99.1 Appian Announces Second Quarter 2024 Financial Results Second quarter cloud subscription revenue increased 19% year-over-year to $88.4 million McLean, VA – August 1, 2024 – Appian (Nasdaq: APPN) today announced financial results for the second quarter ended June 30, 2024. "Due to enhanced functionality launched this quarter, Appian AI usage nearly doubled," said Matt Calkins, CEO & Founder. "Looking ahead, we are accelerating our path to profitability. We now expect to achieve adjusted EBITDA b ...

MCLEAN, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) today announced financial results for the second quarter ended June 30, 2024. “Due to enhanced functionality launched this quarter, Appian AI usage nearly doubled,” said Matt Calkins, CEO & Founder. “Looking ahead, we are accelerating our path to profitability. We now expect to achieve adjusted EBITDA breakeven for the full year 2024.” Second Quarter 2024 Financial Highlights: Revenue: Cloud subscription revenue was $88.4 million, up 19% c ...

In its opinion, the Court of Appeals of Virginia fundamentally misread and misapplied precedent from the Supreme Court of Virginia and failed to give due regard to the trial judge's evidentiary determinations and trial misconduct by PegasystemsMCLEAN, Va., July 30, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) announced today that it will appeal the decision by the Court of Appeals of Virginia and seek to reinstate its judgment of willful and malicious trade secret misappropriation against Pegasystems Inc. ("P ...

Company Overview - Appian (APPN) shares increased by 6.9% to close at $37.49, with a notable trading volume compared to normal sessions, and a total gain of 17.9% over the past four weeks [1] - Appian is launching the latest version of the Appian Platform for AI process automation, focusing on enhancing end-to-end automation and data-driven decisions through self-service analytics and generative Private AI [1] Financial Performance - Appian is projected to report a quarterly loss of $0.31 per share, reflecting a year-over-year change of +20.5% [1] - Expected revenues for Appian are $142.07 million, which indicates an 11.2% increase from the same quarter last year [1] Market Trends - The consensus EPS estimate for Appian has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [2] - Appian holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [2] Industry Comparison - Appian operates within the Zacks Internet - Software industry, where another company, CrowdStrike Holdings (CRWD), experienced a 1.6% decline to $254.15, with a significant return of -32.1% over the past month [2] - CrowdStrike's consensus EPS estimate has increased by +1.8% to $0.99, representing a year-over-year change of +33.8%, but it currently holds a Zacks Rank of 5 (Strong Sell) [3]

Core Viewpoint - Appian is set to release its financial results for Q2 2024 on August 1, 2024, before U.S. markets open, and will host a conference call to discuss these results and the business outlook [1]. Group 1: Financial Results Announcement - The financial results for the second quarter ended June 30, 2024, will be announced before the market opens on August 1, 2024 [1]. - A conference call will be held at 8:30 a.m. Eastern Time to review the financial results [2]. Group 2: Conference Call Details - Participants can join the conference call via a registration link, with options for phone dial-in or instant call [2]. - The conference call will also be available as a live webcast on the Investor Relations page of Appian's website [2]. - A replay of the conference call will be accessible on the Investor Relations page after the live event [2]. Group 3: Company Overview - Appian is a software company focused on automating business processes through its AI Process Platform [3]. - The platform is designed to help organizations improve workflows, unify data, and optimize operations for better growth and customer experiences [3].

Insiders sell for a variety of reasons, many of them mundane. However, they only buy for one reason: They believe shares will swing higher in value. With that principle in mind, infrastructure software specialist Appian (NASDAQ:APPN) appears to be a compelling opportunity. Not only did a major investor place a big bet on APPN stock, it appears fundamentally undervalued.According to its public profile, Appian provides a low-code design platform, encompassing artificial intelligence, process automation, data ...

Former Software AG VP joins Appian to drive partnerships and business growth in Central EuropeBERLIN, June 27, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) has appointed Manuel Melles as Regional Vice President (RVP) for Partners in Central Europe. In this position, he will lead and grow the Appian partner ecosystem in Germany, Austria, Switzerland (DACH), and France to deliver business transformation to customers through process automation. 6004221_DGR_Manuel_Melles_Appointment_EN Manuel Melles, Regional ...

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. This prestigious list recognizes 100 of the most strategic IT channel marketers supporting the growth of their organization's North American IT channel partner programs. Appian announces that Stephanie Eade, Senior Director of Global Partner M ...