Alteryx (AYX) results are out

Had the IR page open and hit refresh just a minute ago.

Here’s the link:
https://investor.alteryx.com/news-and-events/press-releases/…

Top 2 lines of the release:
Revenue increased 50% year-over-year to $42.8 million

Dollar-based net revenue retention of 132%

That level is about the same as what it has been (I recall a 135% at some point).

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AYX press release
https://finance.yahoo.com/news/alteryx-announces-first-quart…
“We are pleased with our business momentum during the first quarter, highlighted by 50% year-over-year total revenue growth, dollar-based net revenue retention again above 130% for the sixth consecutive quarter and positive cash flow from operations,” said Dean Stoecker, CEO of Alteryx, Inc.

(Those are good numbers…stock flat AH right now, but it is early.)

With the recent introductions of Alteryx Connect and Alteryx Promote, we are delivering an end to end platform for the 30 million business analysts, data scientists and citizen data scientists who need analytics to perform their jobs and drive better business outcomes.

First Quarter and Recent Business Highlights

Ended the first quarter of 2018 with 3,673 customers, a 43% increase from the first quarter of 2017. Added 281 net new customers in the first quarter of 2018 compared to 237 net new customers in the first quarter of 2017.

Second Quarter 2018 Guidance:
Revenue is expected to be in the range of $43.0 million to $44.0 million.

(public school math (PSM) says this is about 43% growth on low end)

Full Year 2018 Guidance:
Revenue is now expected to be in the range of $183.0 million to $186.0 million.

(PSM puts this around 40%)

I assume they are sandbagging and being conservative so as to overachieve.

Dreamer

long AYX, IQ, BIDU, BZUN, NVDA, NTNX, and TTD

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