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Appian (APPN) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Weak revenue guidance spoiled a big step to profitability.
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APPN earnings call for the period ending September 30, 2024. ... *Stock Advisor returns as of November 4, 2024 ... you don't know what to price your usage at, and the outcomes becomes a subjective ...
As of August 2020, it was the only pure-play provider of low-code software on the stock market. [46] As with other low-code platforms, it enables businesses to create apps and automations using little or no code. [45] [47] The platform protects privacy and security with its HIPAA-compliant cloud. [48] The platform includes Appian AI and Appian RPA.
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In the latest trading session, Appian (APPN) closed at $50.77, marking a +1.93% move from the previous day.
Appian (APPN) delivered earnings and revenue surprises of 57.14% and 7.19%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?