Shares of Alteryx Inc. AYX, -7.33% are soaring 16% in extended trading Monday following the software company’s quarterly results that included a narrower-than-expected loss and sales that beat analyst estimates. Alteryx reported a fiscal third-quarter net loss of $50 million, or 70 cents a share, compared with a net loss of $75 million, or $1.
09 a share, in the same quarter a year ago. Adjusted earnings were 29 cents a share. Revenue rose 8% to $232 million from $215 million a year ago. Analysts surveyed by FactSet had expected on average a net loss of 5 cents a share on revenue of $210.2 million. Alteryx’s stock has plunged 40% this year. The S&P 500 index SPX, +0.18% has increased 14%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Technology Technology Latest News, Technology Technology Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney earnings: What to expect when the Magic Kingdom reportsJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Source: MarketWatch - 🏆 3. / 97 Read more »
RingCentral's stock jumps on narrowing loss, revenue beat, raised guidanceJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Source: MarketWatch - 🏆 3. / 97 Read more »
Teradata’s stock steadily climbs on results in line with analyst forecastsJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Source: MarketWatch - 🏆 3. / 97 Read more »