Data analytics software maker Alteryx Inc. of Irvine said second-quarter revenue rose 25% year-over-year, but issued an earnings forecast for the current quarter that fell short of analyst expectations. The shares were down 7.2% in after-hours trading.
Revenue in the three months ended June 30 rose to $120.1 million, yielding an adjusted net loss of 8 cents a share. Analysts had been forecasting revenue of $113 million and a 25-cent loss per share.
For the current quarter, the company sees revenue of $121 million to $124 million, and an adjusted net loss in a range of 18 cents to 21 cents per share. That compares to consensus for $146.9 million in revenue and a 3-cent profit per share.
Chief Executive Mark Anderson said the company “continues to make meaningful progress on our transformation journey.”
Alteryx shares fell to $73.10 apiece as of 7.35 p.m. in New York.
