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Why Alteryx Stock Jumped Today

TheMotleyFool

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Shares of Alteryx (NYSE: AYX) spiked today after the company reported better-than-expected first-quarter results.

The tech stock was up by more than 10% this morning and had gained 8.3% as of 11:40 a.m. EDT.

The company's first-quarter revenue of $118.8 million outpaced analysts' consensus sales estimate of about $106 million. Additionally, the company's adjusted loss of $0.08 per share in the quarter easily beat Wall Street's consensus estimate of a loss of $0.23 per share.

Source Fool.com

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