Appian (NASDAQ:APPN) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Appian beat estimated earnings by 30.43%, reporting an EPS of $-0.16 versus an estimate of $-0.23.
Revenue was up $23.36 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03, which was followed by a 12.24% drop in the share price the next day.
Here's a look at Appian's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.19 | -0.23 | -0.14 | -0.17 |
| EPS Actual | -0.22 | -0.24 | -0.06 | -0.03 |
| Revenue Estimate | 91.10M | 79.12M | 82.67M | 73.96M |
| Revenue Actual | 92.42M | 83.00M | 88.86M | 81.63M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Appian management provided guidance for their next quarter, expecting earnings between $-0.15 and $-0.12 per share for the next quarter.
This represents a 15.62% in quarter-over-quarter growth for Appian, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
