Alteryx - AYX STOCK NEWS

Alteryx (NYSE: AYX) has formed a strategic alliance with KPMG to enhance data-driven business transformations. This partnership aims to modernize tax functions and facilitate automation across various sectors such as retail, healthcare, and insurance. KPMG, now an Alteryx Principal Alliance Partner, will leverage its expertise in data strategies alongside Alteryx's analytics capabilities to help organizations navigate their digital transformation journeys. This collaboration seeks to provide effective technology solutions for clients facing challenges in data and analytics.

Alteryx, Inc. (NYSE: AYX) will present at the BofA Securities 2021 Global Technology Conference on June 8 at 5:30 p.m. ET. The presentation will be webcast live, with a replay available for a limited time on Alteryx's investor relations website. Alteryx focuses on transforming data through its Analytics Automation platform, combining analytics, data science, and business process automation. The company aims to enhance digital transformation for organizations worldwide.

Alteryx (NYSE: AYX) launched the SparkED program, a global education initiative aimed at enhancing data analytics skills among learners of all levels. The program offers free software licenses, certification, and tailored learning paths for students and educators. With an increasing demand for data science skills, SparkED focuses on bridging the skills gap by providing resources that facilitate access to training and community support. The initiative has already seen integration into curricula at universities such as California State University, Fullerton, fostering job readiness among participants.

Alteryx (NYSE: AYX) announced new innovations in analytics, data science, and cloud solutions at its Virtual Global Inspire conference on May 19, 2021. The company launched Alteryx Machine Learning, an automated ML product, alongside Alteryx Designer Cloud and updates to its Designer product. These innovations aim to enhance the accessibility of data science for users, enabling them to produce valuable insights quickly. Notable partners like Snowflake and AWS joined to showcase collaborative solutions, highlighting the company's commitment to democratizing analytics and empowering users across various sectors.

Alteryx, Inc. (NYSE: AYX) announces the launch of Alteryx Ventures, a $50 million fund aimed at investing in innovative companies that enhance its analytics and data science products. The initiative aims to democratize data access and foster innovation in analytics automation. Alteryx Ventures will also support companies that create complementary solutions to the Alteryx APA Platform, which has already seen successful B2B applications across various sectors. This announcement coincides with the Global Inspire Conference featuring new innovations and 10,000+ attendees.

Alteryx, Inc. (NYSE: AYX), an analytics automation company, announced its participation in several investor conferences. Key events include:

• J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 25 at 3:40 p.m. ET
• William Blair 41st Annual Growth Stock Conference on June 2 at 11:40 a.m. ET
• Cowen 49th Annual Technology, Media & Telecom Conference on June 3 at 2:30 p.m. ET
• BofA Securities 2021 Global Technology Conference on June 10 at 2:30 p.m. ET

All presentations will be webcast live and available for replay on the company's investor relations website.

Alteryx, Inc. (NYSE: AYX), a leader in analytics automation, has appointed Paula Hansen as chief revenue officer (CRO) effective May 10, 2021. Hansen, with over 25 years of experience, will oversee global sales and go-to-market initiatives, aiming to drive the company's growth. Previously, she led SAP Customer Experience's global sales strategy, achieving $1 billion in annual recurring revenue in 2020. CEO Mark Anderson praised her track record and commitment to customer transformation. Hansen aims to leverage Alteryx's market position to enhance analytics adoption among organizations worldwide.

Alteryx, Inc. (AYX) reported Q1 2021 results with revenue of $118.8 million, a 9% increase from $108.8 million in Q1 2020. GAAP gross profit reached $107.9 million with a gross margin of 91%, up from 88% YoY. However, GAAP net loss attributable to shareholders was $(40.7 million), or $(0.61) per diluted share, worsening from a loss of $(15.5 million) or $(0.24) per share in Q1 2020. The company ended Q1 with 7,214 customers, a 12% increase YoY, and a 27% rise in annual recurring revenue (ARR) to $512.7 million.

Alteryx, a leader in analytic process automation (APA™), announced an investor session during its annual user conference, Inspire 2021, to be held virtually from May 18-21, 2021. The session will take place on Tuesday, May 18, from 11:00 a.m. to 1:00 p.m. PT, featuring CEO Mark Anderson, CPO Suresh Vittal, and CFO Kevin Rubin. Investors can submit questions in advance to ayxanalystday2021@alteryx.com. The presentation will be webcast live and available for replay on their investor relations website.