Alteryx Stock Price, News & Analysis

Alteryx, Inc. (NYSE: AYX) launched Alteryx Server-FIPS, enhancing analytics capabilities for public sector agencies by adhering to Federal Information Processing Standards (FIPS). This new offering allows for secure data encryption, crucial for organizations handling sensitive federal data. The Server-FIPS integrates with Alteryx Designer-FIPS, enabling collaboration on analytic workflows while ensuring transparency and compliance. This launch reinforces Alteryx's commitment to supporting government agencies with automated analytics to boost operational efficiency and data literacy.

Alteryx, a leader in Analytics Automation, is set to participate in key investor conferences, aiming to enhance engagement and transparency with stakeholders. Events include the KeyBanc Technology Leadership Forum on August 8, Rosenblatt Securities Technology Summit on August 23, and Piper Sandler Growth Frontiers Conference on September 13. Each presentation will be available via live webcast, with replays accessible for a limited time. For further details, visit Alteryx's investor relations site.

Alteryx has appointed Doniel Sutton as Chief People Officer to oversee all human resources functions, including talent acquisition and diversity initiatives. Reporting to CEO Mark Anderson, Sutton brings over 20 years of HR leadership experience from major companies like Fastly and PayPal. Her expertise in managing organizations through growth and transformation is expected to be a significant asset to Alteryx. Sutton expressed enthusiasm for leveraging Alteryx's analytics platform to enhance HR strategies and foster a strong company culture.

Alteryx, Inc. (AYX) reported strong financial results for Q2 2022, achieving 33% year-over-year growth in Annual Recurring Revenue (ARR), totaling $727 million. Revenue surged 50% to $180.6 million. The company experienced a GAAP net loss of $(106.8 million) and a GAAP loss per share of $(1.56). Despite this, Alteryx ended the quarter with 8,296 customers, a 12% increase from the previous year. The company maintains a positive outlook, forecasting Q3 2022 revenue between $191 million and $194 million.

Alteryx, Inc. (NYSE: AYX) announced it will release its second quarter 2022 financial results on August 2, 2022, after the market closes. A conference call will follow the release at 5 p.m. Eastern Time, where the company will discuss financial results and guidance. Investors can access the conference call via phone or a live webcast on the company's website. The call will also have a replay available until August 9, 2022. Alteryx is focused on transforming data into insights through analytics automation, serving various organizations globally.

Alteryx (AYX) has been recognized with four competency badges by Snowflake for its successful automation of analytics across various sectors, including financial services and healthcare. This recognition underscores Alteryx’s capability to enhance analytics automation, paving the way for businesses to unlock insights effectively. The partnership aims to democratize analytics, allowing all enterprise users to make data-driven decisions while ensuring security and governance. The initiative is expected to drive efficiency, top-line growth, and improved customer experiences.

Alteryx, Inc. (NYSE: AYX) announced the launch of Alteryx Designer-FIPS, a version of its analytics software compliant with Federal Information Processing Standards (FIPS). This new tool enables public sector organizations, including government agencies, to perform analytics automation securely. By utilizing drag-and-drop workflows, users can easily analyze and prepare data without coding. The product aims to enhance digital transformation in the public sector while ensuring data security and compliance.

On May 18, 2022, Alteryx (AYX) showcased new cloud analytics advancements at its Inspire conference, aimed at democratizing insights and enhancing data governance. Key updates include improved integrations with cloud data warehouses like Databricks, Snowflake, and Google BigQuery, designed to expedite data insights from hours to minutes. The company also introduced user-friendly features across its product suite, enhancing ease of use. Governance capabilities were improved to support robust data integrity. These innovations position Alteryx to meet the growing demand for analytics automation in a hybrid data landscape.