Appian reports 21% Q1 revenue growth and doubled adjusted EPS
Updated
Updated · The Motley Fool · May 8
Appian reports 21% Q1 revenue growth and doubled adjusted EPS
11 articles · Updated · The Motley Fool · May 8
Revenue reached $202.2 million and adjusted EPS $0.27, beating forecasts of $191.8 million and $0.18, while cloud subscription revenue rose 25% to $124.5 million.
The software company raised full-year guidance to $819 million-$831 million in revenue and $0.94-$1.05 in adjusted EPS, citing cost cuts, better go-to-market efficiency and AI-driven demand.
Nearly 40% of customers bought AI-inclusive licences, and Appian doubled its buyback authorisation to $100 million, even as its shares remain down 33% this year amid broader software and AI competition fears.
With record earnings but a plunging stock, is Appian a brilliant bargain or a classic value trap in the AI era?
The traditional software pricing model is breaking. How will Appian survive the industry's shift from charging per-user to proving its value per-outcome?