Like much of the software sector, cloud computing specialist Appian (APPN -1.01%) saw its shares fall sharply in the bear market of 2022.The stock had soared to a sky-high valuation in early 2021 with the help of a short squeeze, but that proved to be unsustainable. And though the company delivered solid growth through the broader slowdown in the tech sector, the valuation has compressed substantially. Shares are now down 84% from their peak in early 2021.However, Appian's shares jumped over 12% this past T ...

Chadchai Ra-ngubpai/Moment via Getty Images Amid a record-breaking S&P 500, I continue to be on the lookout for excellent "growth at a reasonable price" stocks that have downside cushion in case the market goes south again. Catalyst-driven tech stocks that are trading at cheap multiples and yet have been on strong recent fundamental trajectories are the best play here, and Appian (NASDAQ:APPN) is among the top choices here. This business process management (BPM) software company has benefited from compa ...

Appian (APPN) reported $145.32 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 15.5%. EPS of $0.06 for the same period compares to -$0.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $140.41 million, representing a surprise of +3.50%. The company delivered an EPS surprise of +124.00%, with the consensus EPS estimate being -$0.25.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Appian Corporation (NASDAQ:APPN) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Sri Anantha - Vice President of Finance & Investor Relations Matt Calkins - Chairman & Chief Executive Officer Mark Matheos - Chief Financial Officer Conference Call Participants Sanjit Singh - Morgan Stanley Steve Enders - Citi Jake Roberge - William Blair Kevin Kumar - Goldman Sachs Frederick Havemeyer - Macquarie Capital Thomas Blakey - KeyBanc Capital Markets Operator Thank you for standin ...

Shares of Appian (APPN 9.39%) were moving higher today after the low-code software company posted strong results in its fourth-quarter earnings report, including a surprise adjusted profit and better-than-expected revenue.As of 10:07 a.m. ET, the stock was up 14.4% on the news. Appian takes a big step toward profitabilityAppian said that cloud subscription revenue was up 26% to $83.1 million, driving overall revenue up 16% to $145.3 million as professional services revenue continued to decline. The overall ...

Fourth quarter cloud subscription revenue increased 26% year-over-year to $83.1 millionFull year cloud subscription revenue increased 29% year-over year to $304.5 million MCLEAN, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the fourth quarter and full year ended December 31, 2023. "Appian delivered our plan in 2023 and reached two milestones. Full year revenue exceeded half a billion dollars, and we achieved the highest quarterly gross margin in our publi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38098 APPIAN CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 54-1956084 (State or other jurisdiction of in ...

MCLEAN, Va., Feb. 14, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) announced today that it is named a Leader in the Everest Group insurance technology report, Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023. The report analyses 21 low-code insurance providers across multiple evaluation dimensions, including: Appian is named a Leader in the Everest Group insurance technology report, Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023. Vision and capability to de ...

MCLEAN, Va., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2023, before the U.S. financial markets open on Thursday, February 15, 2024. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once reg ...

State legislatures are taking the lead in regulating artificial intelligence after a quarter-century in which Congress has failed to come up with substantive laws governing tech.The specter of AI and its wide-ranging potential impact on every aspect of life in the U.S. has lawmakers, stung by their failure to police social media and protect consumers’ data, scrambling to act.“Consensus has yet to emerge, but Congress can look to state legislatures — often referred to as the laboratories of democracy — for i ...