Appian (APPN) Reports Q1 Loss, Tops Revenue Estimates

Appian (APPN) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of$ 0.15. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -60%. A quarter ago, it was expected that this business process management software provider would post a loss of$ 0.25 per share when it actually produced earnings of $0.06, delivering a surprise of 124%.Over the last four quarter ...