Cloud subscription revenue is expected to be between $89.0 million and $91.0 million, representing year-over-year growth of 15% to 18%. Total revenue is expected to be between $149.0 million and $153.0 million, representing a year-over-year increase of 9% to 12%, consensus $155.56M. Adjusted EBITDA is expected to be between breakeven and $3.0 million.Non-GAAP net loss per share is expected to be between $(0.10) and $(0.06), assuming weighted average common shares outstanding of 72.4 million.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APPN:
- Pegasystems upgraded to Outperform from Market Perform at JMP Securities
- DA Davidson downgrades Appian on less upside following court ruling
- Appian downgraded to Neutral from Buy at DA Davidson
- Pegasystems upgraded to Outperform at William Blair after positive Appian appeal
- Appian down 7% after appeals court issues ruling in fight with Pegasystems