Alteryx Stock Popped Today -- Here's Why
Shares of Alteryx (NYSE: AYX), a data analytics platform company, spiked today after the company reported fourth-quarter results late yesterday that were better than expected.
The company's earnings and revenue both beat Wall Street's consensus estimates, sending the tech stock up 9.2% as of 11:08 a.m. ET.
Alteryx reported fourth-quarter sales of $173.8 million, up 8% from the year-ago quarter, beating analysts' consensus estimate of $166.1 million for the quarter. The company's adjusted earnings per share of $0.17 also easily outpaced Wall Street's expectation of $0.05.
Source Fool.com
