Dean Stoecker

Dean Stoecker

Analytics software maker Alteryx of Irvine briefly rose above $10 billion in market cap for the first time, after reporting fourth-quarter earnings and expectations that beat analyst expectations.

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The stock surged 8% to $158.62 per share for a market cap of $10.1 billion at 11:26 a.m. in New York, before settling back to $155.07 a share for a market cap of $9.9 billion around noon.

Alteryx shares have risen almost 50% since the start of the year and CEO Dean Stoecker says he sees “significant runway for future growth.”