Alteryx (AYX) reported earnings on Thur 6 Aug 20 (a/h)

** charts before earnings **

 

** charts after earnings **

 

 Alteryx beats by $0.16, beats on revs; guides Q3 EPS in-line, revs below consensus; guides FY20 revs below consensus

Reports Q2 (Jun) earnings of $0.02 per share, excluding non-recurring items, $0.16 better than the S&P Capital IQ Consensus of ($0.14); revenues rose 17.3% year/year to $96.2 mln vs the $94.11 mln S&P Capital IQ Consensus.

Co issues guidance for Q3, sees EPS of $0.09-0.14, excluding non-recurring items, vs. $0.13 S&P Capital IQ Consensus; sees Q3 revs of $111-115 mln vs. $119.30 mln S&P Capital IQ Consensus.

Co issues downside guidance for FY20, sees FY20 revs of $460-465 mln vs. $505.14 mln S&P Capital IQ Consensus.

**** 2 months later (6 Oct 20) ****

 

Alteryx names new CEO; also guides Q3 revenue above consensus

Co issues upside guidance for Q3 (Sep), sees Q3 (Sep) revs of $126-128 mln vs. $113.45 mln S&P Capital IQ Consensus.

Co also announces that Mark Anderson, a current member of Alteryx's Board of Directors, has been appointed to succeed Dean Stoecker, Alteryx's Co-founder, Chairman and current CEO, as Alteryx's CEO, effective today.

Mr. Anderson is a seasoned executive with a proven track record guiding enterprise technology organizations as they grow and scale, including as President of Palo Alto Networks (PANW).

Co also announced that Mr. Stoecker has been appointed as Alteryx's Executive Chairman and will continue to serve as Chairman of the Board of Directors