Appian's Revenue Jumps and Losses Narrow; Management Boosts Guidance
Appian (NASDAQ: APPN), a software and services company that helps other businesses create custom low-code applications, reported its third-quarter results on Thursday, Nov. 2. Demand for the company's software products and services allowed revenue to grow at a very healthy pace. In turn, the company's bottom line inched closer to breakeven even though management continues to invest heavily in its sales and marketing teams.
Let's take a closer look at the company's results to get a better idea of what the future may hold for this business.
Image source: Getty Images.
Source: Fool.com
Appian Stock
€29.36
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