Data analytics software maker Alteryx Inc. (NYSE: AYX) of Irvine reported quarterly revenue and profit that beat analyst expectations, sending the shares more than 12% higher in after-hours trading.
Revenue for the fourth quarter of 2021 was $173.8 million, an increase of 8% year over year. Adjusted earnings per diluted share were 17 cents in the same period.
Analysts had been forecasting $166.1 million and 5 cents per share.
“Closing a year of transformation, we start fiscal 2022 well-positioned to continue to drive growth and accelerate our journey to the cloud,” Chief Executive Mark Anderson said in a statement announcing the results.
The company said 2022 full-year revenue is expected to be in the range of $710 million to $720 million, which would represent an increase of well more than 30%. Analysts had forecast sales would climb 18% to $621.8 million.
The shares rose 12.8% as of 4.40 p.m. in New York, trading at $58.85 apiece.
