Alteryx, Inc. (AYX) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Alteryx, Inc. reported a revenue of $351 million for the quarter ended December 2023, reflecting a year-over-year increase of 16.6% [1] - The earnings per share (EPS) for the quarter was $1.70, significantly higher than the $0.84 reported in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $337.67 million by 3.95%, while the EPS surpassed the consensus estimate of $1.15 by 47.83% [1] Financial Metrics - Annual Recurring Revenue (ARR) reached $955 million, slightly above the average estimate of $947.69 million from six analysts [2] - PCS and services revenue was reported at $119 million, compared to the average estimate of $120.30 million, marking a year-over-year increase of 8.9% [2] - Subscription-based software license revenue was $232 million, exceeding the estimated $217.48 million, and representing a year-over-year growth of 21% [2] Stock Performance - Alteryx, Inc. shares have returned +0.8% over the past month, while the Zacks S&P 500 composite has increased by +5.3% [2] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [2]