Alteryx (AYX) PT Lowered to $42 at TD Cowen

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Go back to Alteryx (AYX) PT Lowered to $42 at TD Cowen

Alteryx (AYX) falls 22% on lowered guidance, analyst downgrades

August 8, 2023 8:24 AM EDT

Alteryx (NYSE: AYX) shares traded 22% down in pre-open Tuesday after the company offered a softer-than-expected outlook for the third quarter and full year.

Alteryx reported an adjusted loss per share of $0.37 on revenue of $188 million, beating the consensus for a loss per share of $0.67 on revenue of $182.1M.

"Customers are demonstrating a strong commitment to Alteryx as... More