Appian: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:27 AM ET
Last Updated - Aug 01, 2024, 10:27 AM EDT
MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Appian Corp. (APPN) on Thursday reported a loss of $43.6 million in its second quarter.
The McLean, Virginia-based company said it had a loss of 60 cents per share. Losses, adjusted for stock option expense and asset impairment costs, came to 26 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 31 cents per share.
The business process management software provider posted revenue of $146.5 million in the period.
