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Why Appian Stock Was Moving Higher Today

TheMotleyFool

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Why Appian Stock Was Moving Higher Today: https://g.foolcdn.com/editorial/images/721298/coding-analysis-software-engineer-programming.jpg

Shares of Appian (NASDAQ: APPN) were climbing on Friday morning after the software company reported a solid fourth-quarter earnings report last night and reassured investors that it was on a path to profitability.

As of 11:05 a.m. ET, the stock was up 3.9%.

Appian, which provides a low-code software platform to help automate workflows, reported revenue growth of 20% to $125.8 million, ahead of analyst estimates at $123 million.

Source Fool.com

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