Alteryx (NASDAQ: AYX) reported third-quarter 2020 financial results after the regular trading hours on Thursday. The data analytics firm reported a 25% growth in Q3 revenue to $129.7 million, surpassing the Wall Street consensus. The company reported a net income of $0.39 per share, better than what analysts had anticipated.
Meanwhile, AYX shares fell 10% immediately following the announcement due to the lackluster guidance. The stock has gained 37% since the beginning of this year.
Alteryx added 241 net new customers in Q3, taking the total tally to 6,955 customers, a 24% year-over-year increase.
Prior performance
Most Popular
Motive Technologies IPO filing reveals strong revenue growth
Motive Technologies, Inc. has applied to list its common stock on the New York Stock Exchange (NYSE) under the ticker symbol MTVE. In a recent SEC filing, the fleet management
Can Microsoft’s AI and cloud momentum drive the stock higher?
Microsoft Corporation (NASDAQ: MSFT) has emerged as one of the main architects of the new digital economy, capitalizing on the AI-driven digital revolution across industries. While the tech giant spends
Starbucks (SBUX): A glimpse into the coffee giant’s China plans
Shares of Starbucks Corporation (NASDAQ: SBUX) stayed green on Friday. The stock has dropped 8% over the past 12 months. The coffee store chain continues to gain traction on its
