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Appian(APPN) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:30
Appian (APPN) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 note this event is being recorded. I would now like to turn the conference over to Jack Andrews, Vice President of Investor Relations. Please go ahead. Speaker1 Good morning, and thank you for joining us. Today, we'll review Appian's first quarter twenty twenty five financial results. With me are Matt Calkins, Chairman and Chief Executive Officer and Mark Lynch, Interim Chief Financial Officer. After prepared remarks, we'll open the call ...
Appian(APPN) - 2025 Q1 - Earnings Call Presentation
2025-05-08 11:38
Q1 2025 Earnings Call Presentation Matt Calkins, Founder & CEO Mark Lynch, Interim CFO Disclaimer. In this presentation, we may make statements related to our business that are forward-looking statements under federal securities laws and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements related to our financial results, trends and guidance for the second quarter and full year 2025, the impact of macroeconomic changes, the benefits o ...
Appian(APPN) - 2025 Q1 - Quarterly Results
2025-05-08 11:10
Exhibit 99.1 Appian Announces First Quarter 2025 Financial Results Cloud subscriptions revenue increased 15% year-over-year to $99.8 million and generated operating cash flow of $45.0 million McLean, VA – May 8, 2025 – Appian (Nasdaq: APPN) today announced financial results for the first quarter ended March 31, 2025. "In Q1, Appian continued to demonstrate our earnings potential, with narrowing net losses, our third straight quarter of positive adjusted EBITDA, and $45 million in operating cash flow," said ...
Appian Announces First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 11:05
Cloud subscriptions revenue increased 15% year-over-year to $99.8 million and generated operating cash flow of $45.0 millionMCLEAN, Va., May 08, 2025 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) today announced financial results for the first quarter ended March 31, 2025. “In Q1, Appian continued to demonstrate our earnings potential, with narrowing net losses, our third straight quarter of positive adjusted EBITDA, and $45 million in operating cash flow,” said Matt Calkins, CEO & Founder. First Quarter 2025 F ...
Appian (APPN) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-05-01 15:07
Core Viewpoint - The market anticipates Appian (APPN) will report a year-over-year increase in earnings driven by higher revenues when it releases its quarterly results for the period ending March 2025 [1][2] Earnings Expectations - Appian is expected to report quarterly earnings of $0.03 per share, reflecting a year-over-year increase of +112.5% [3] - Revenue projections stand at $162.84 million, which is an increase of 8.7% compared to the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 6.82% over the last 30 days, indicating a reassessment by analysts regarding the company's earnings outlook [4] - The Most Accurate Estimate for Appian is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -25%, suggesting a bearish sentiment among analysts [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with positive readings being more reliable [7][8] - Appian currently holds a Zacks Rank of 3, which complicates the prediction of an earnings beat [11] Historical Performance - In the last reported quarter, Appian was expected to incur a loss of $0.01 per share but instead reported break-even earnings, resulting in a surprise of +100% [12] - Over the past four quarters, Appian has exceeded consensus EPS estimates three times [13] Conclusion - While Appian does not appear to be a strong candidate for an earnings beat, investors should consider other factors when making investment decisions ahead of the earnings release [16]
Appian Congratulates 2025 Partner Award Winners for Delivering Impact with AI and Process Orchestration
Prnewswire· 2025-04-30 13:05
Core Insights - Appian announced the winners of the 2025 Partner Awards at its annual Appian World global conference, recognizing partners for their innovative solutions on the Appian Platform that deliver significant client impact and value [1][3] Partner Awards - **Global Delivery Award**: KPMG was recognized for empowering clients to drive large-scale digital transformation through its technology ecosystem and advanced Appian implementation capabilities, focusing on operational efficiency and customer experience [4] - **Global Growth Award**: Deloitte achieved a 97% increase in Appian-related services revenue since FY22, driven by rapid growth in North America, Europe, and Australia, and a 96% year-over-year rise in Appian certifications [5] - **Americas Delivery Award**: Perficient experienced 30% revenue growth in its Appian practice and nearly doubled its sales pipeline in 2024, expanding offshore capabilities by over 40% [6] - **Americas Growth Award**: PwC's Interactions Hub, a SaaS solution built on Appian, doubled its client base and user count, driven by the launch of seven new Appian Cloud instances for pharmaceutical clients [7] Innovation Award Winners - **Accenture**: Developed hyperautomation solutions for financial processes, enhancing productivity and ensuring audit compliance [9][10] - **Bits In Glass**: Implemented intelligent automation for a top-10 global reinsurer, improving speed to resolution and data-driven decision-making [11] - **EY**: Created a real estate auctioning platform that increased asset returns by over €20 million in 2.5 years [12] - **Impera**: Built a crypto core banking solution for Towerbank, automating 96% of processes [12] - **Ignyte**: Developed a patient-centered care coordination solution on the Appian Platform, modernizing healthcare support [13] - **Inetum**: Launched a digital framework for the Spanish public sector, reducing processing times by up to two-thirds [14] - **Groundswell**: Developed the Groundswell Integrated Budget Suite to modernize the federal budget lifecycle [15] - **Macedon Technologies**: Automated 85% of processing for the US No Surprises Act claims [16] - **Waivgen**: Introduced the EngaigeQ: AI Builder framework to scale AI adoption [17] - **WNS**: Built Malkom for the shipping industry, achieving significant reductions in processing time and costs [18] - **Xebia**: Integrated IntelliAgent with the Appian Platform, enabling rapid deployment of AI agents [19]
Appian Celebrates 2025 Innovation Award Winners
Prnewswire· 2025-04-29 13:30
Customers Delivered Value with Process Orchestration and AI Capabilities on the Appian PlatformDENVER, April 29, 2025 /PRNewswire/ -- Appian (Nasdaq: APPN) today announced the 2025 Appian Innovation Awards winners at Appian World, its annual global conference. The Innovation Awards celebrate customers for creating transformative applications that drive impact and value on the Appian Platform. By embedding AI agents and generative AI in process orchestration, these winners have demonstrated that process, com ...
Appian Embeds Agentic AI into Business Processes to Deliver Scalable, Governable Enterprise Value
Prnewswire· 2025-04-29 13:15
Introducing new AI features and Data Fabric enhancements to deliver real-time insights and measurable impact.DENVER, April 29, 2025 /PRNewswire/ -- Appian (NASDAQ: APPN) today announced agentic AI platform enhancements to help organizations build, deploy, and scale intelligent process applications. As the Process Company, the Appian Platform provides AI-powered solutions to orchestrate and transform critical business processes. This release introduces the beta launch of Agent Studio and the general availabi ...
Appian Customers Unlock AI's Full Potential by Embedding It in Business Processes
Prnewswire· 2025-04-29 13:05
Core Insights - Appian empowers customers to integrate AI directly into their business processes, enhancing governance and accountability for better outcomes [1][10] - The company emphasizes a process-first approach, which has led to transformative results for various clients [2][4] Customer Adoption and Impact - Appian's customer AI adoption has surged 7.9 times year-over-year, with 70% of Appian Cloud customers utilizing AI for various applications [3] - Acclaim Autism reduced patient intake time by 83% using Appian AI to process unstructured medical documents [5] - Century Fire Protection cut invoice processing time by 36% and reduced missed discounts by 50% through an AI-driven accounts payable application [6] - Hitachi expects a 20% reduction in operating expenses and a 60% improvement in time-to-market by optimizing internal processes with Appian [7] - The Texas Department of Public Safety improved procurement efficiency by deploying a generative AI chatbot, providing instant access to regulatory information for over 10,000 stakeholders [8] - The University of South Florida enhanced academic advising by using Appian AI, allowing advisors to save time and provide personalized support to students [9] Product Features and Strategy - The latest product release allows customers to embed AI in any interface, further powering their processes [4] - Appian's strategy focuses on embedding AI within processes to optimize operations, enhance accuracy, and accelerate outcomes [10] Company Overview - Appian is recognized as The Process Company, delivering a software platform that helps organizations improve processes, reduce costs, and enhance customer experiences [12]
Appian Appoints Serge Tanjga as Chief Financial Officer
Prnewswire· 2025-04-21 20:05
MCLEAN, Va., April 21, 2025 /PRNewswire/ -- Appian (Nasdaq: APPN) today announced the appointment of Serge Tanjga to the position of Chief Financial Officer, effective as of May 27, 2025. He will report directly to Matt Calkins, CEO of Appian.Tanjga brings more than 20 years of financial experience to Appian. He was the Senior Vice President of Finance at MongoDB where he led financial planning, strategic finance, business operations, and analytics; and most recently, served as MongoDB's interim CFO. Serge ...