AYX revises guidance

we are withdrawing our previously issued full-year 2020 guidance provided on February 13, 2020.

Second Quarter 2020 Guidance:
Revenue is expected to be in the range of $91.0 million to $95.0 million, an increase of 10% to 15% year-over-year.
Non-GAAP loss from operations is expected to be in the range of $(9.0) million to $(13.0) million.
Non-GAAP net loss per share is expected to be in the range of $(0.12) to $(0.18) based on approximately 67.0 million non-GAAP weighted-average diluted shares outstanding.

Dang perhaps they were effected more than we thought.

Or they’re sandbagging…yet again

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Not sure…but looks like after hours down 14% to $105.

Dang perhaps they were effected more than we thought.

Or they’re sandbagging…yet again

I’m not too surprised. It might be viewed as a positive that they are providing guidance (with positive growth) at all in this environment unlike many other companies. And they usually beat guidance.

It looks like it’s down to about $104 after hours. I have no idea how the market will react going forward since the next quarter is basically meaningless. If it retests lows, it’s probably best to add at that time since AYX is likely to bounce back once it gets past the short term headwinds.

Dave

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Alteryx: Q1 Non-GAAP EPS of -$0.10 misses by $0.01;

GAAP EPS of -$0.24 beats by $0.05.

Revenue of $108.8M (+43.1% Y/Y) beats by $3.16M.

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