Appian Corporation (APPN) Tops Q1 EPS by 8c; Guides Below Street
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Appian Announces First Quarter 2021 Financial Results
May 6, 2021 4:01 PM EDTCloud subscription revenue increased 38% year-over-year to $39.1 million
Subscriptions revenue increased 26% year-over-year to $63.8 million
MCLEAN, Va., May 06, 2021 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) today announced financial results for the first quarter ended March 31, 2021.
Once again, we exceeded our guidance, grew cloud subscription revenue by 38%, and set a new high mark for gross profit margin. Appian leads in unifying the Low-code Automation market and providing agility to our customers, said Matt Calkins, CEO & Founder.
First Quarter 2021 Financial Highlights:
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