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Stock impact report

Unpacking Q3 Earnings: Appian (NASDAQ:APPN) In The Context Of Other Automation Software Stocks [Yahoo! Finance]

Pegasystems Inc. (PEGA) 
Last pegasystems inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pega.com/about/investors
Company Research Source: Yahoo! Finance
Let's take a look at how Appian (NASDAQ:APPN) and the rest of the automation software stocks fared in Q3. The whole purpose of software is to automate tasks to increase productivity. Today, innovative new software techniques, often involving AI and machine learning, are finally allowing automation that has graduated from simple one- or two-step workflows to more complex processes integral to enterprises. The result is surging demand for modern automation software. The 7 automation software stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 4.4% while next quarter's revenue guidance was in line. While some automation software stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.6% since the latest earnings results. Powering billions of transactions daily since its founding in 1999, Appian (NASDAQ:APPN) provides a low-code platform that helps businesses automate complex p Show less Read more
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