Data analytics software maker Alteryx Inc. in Irvine said third-quarter revenue rose to $215.7 million, a 75% increase over the same period last year and easily beating analysts’ estimates.
Net loss for the third quarter of 2022 widened to $74.5 million, compared to $58 million for the third quarter of 2021.
The company also predicted that full-year revenue is expected to be in the range of $830 million to $835 million, representing year-over-year growth of 55% to 56%.
“Our strong results continue to validate the strategic initiatives we have put into place over the past couple of years,” CEO Mark Anderson said in releasing the results.
For more information, see the Nov. 14 print edition of the Business Journal.