Alteryx, Inc. (NYSE:AYX) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.14 per share from $ 119.73 million in revenue.
For the full year, analysts predict revenues of $ 475.00 million, while looking forward to income of $ 0.49 per share.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.09 ~ $ 0.14 per share, while revenues are expected in a range of $ 126.00 million ~ $ 128.00 million
Full Year 2020 topline are forecasted in a range of$ 460.00 million ~ $ 465.00 million, where as bottomline are predicted in a range of $ 0.80 ~ $ 0.91 per share
Click Here For More Historical Outlooks Of Alteryx, Inc.
Previous Quarter Performance
Alteryx, Inc. unwinded income for the second quarter of $ 0.02 per share, from the revenue of $ 96.23 million. The quarterly earnings 100.00 percent while revenues improved 17.30 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.14 per share from $ 94.11 million in revenue. The bottom line results beat street analysts by $ 0.16 or 114.29 percent, at the same time, top line results outshined analysts by $ 2.12 million or 2.25 percent.
Stock Performance
Shares of Alteryx, Inc. traded up $ 7.47 or 5.83 percent on Wednesday, reaching $ 135.67 with volume of 1.16 million shares. Alteryx, Inc. has traded high as $ 138.39 and has cracked $ 133.25 on the downward trend
The closing price of $ 135.67, representing a 70.55 % increase from the 52 week low of $ 75.17 and a 30.98 % decrease over the 52 week high of $ 185.75.
The company has a market capital of $ 9.67 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
- On 16th September 2020, initiated by Loop Capital at Hold rating, with $ 110.00 target price.
Conference Call
Alteryx, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.alteryx.com
Alteryx, Inc. operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts, data scientists, and citizen data scientists worldwide. Its software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications.
