Alteryx (AYX) Tops Q2 EPS by 30c, beats revenue, offers guidance

Alteryx (NYSE: AYX) reported Q2 EPS of ($0.37), $0.30 better than the analyst estimate of ($0.67). Revenue for the quarter came in at $188 million versus the consensus estimate of $182.06 million.

Third Quarter 2023 Guidance:

Revenue is expected to be in the range of $208 million to $212 million, representing year-over-year decline of (4)% to (2)%.
ARR is expected to be in the range of $901 million to $905 million, representing year-over-year growth of 19%.
Non-GAAP income from operations is expected to be in the range of $2 million to $6 million.
Non-GAAP net loss per share is expected to be in the range of $(0.08) to $(0.04) based on approximately 71.4 million non-GAAP weighted-average basic and diluted shares outstanding.

Full Year 2023 Guidance:

Revenue is expected to be in the range of $930 million to $940 million, representing year-over-year growth of 9% to 10%.
ARR is expected to be in the range of $930 million to $940 million, representing year-over-year growth of 12% to 13%.
Non-GAAP income from operations is expected to be in the range of $70 million to $80 million.
Non-GAAP net income per share is expected to be in the range of $0.62 to $0.72 based on approximately 76.7 million non-GAAP weighted-average diluted shares outstanding, and an effective tax rate of 20%.

For earnings history and earnings-related data on Alteryx (AYX) click here.

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