Appian Corporation (APPN) Tops Q3 EPS by 5c, Revenues Beat; Offers FY18 EPS/Revenue Guidance Above Consensus

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Appian Announces Third Quarter 2018 Financial Results

November 1, 2018 4:05 PM EDT

Subscription revenue increased 42% year-over-year to $29.4 millionTotal revenue increased 23% year-over-year to $54.9 million

RESTON, Va., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Appian (NASDAQ: APPN) today announced financial results for the third quarter ended September 30, 2018.

"In the third quarter, our subscription revenue grew 42% year-over-year and our subscription revenue retention rate remained high at 117%. We continue to... More