Why Alteryx Stock Soared Today
Shares of Alteryx (NYSE: AYX) soared out of the gate on Wednesday and didn't looked back, surging as much as 23.7%. For the second quarter, Alteryx grew revenue to $180.6 million, up 50% year over year. To give those numbers context, analysts' consensus estimates were calling for revenue of $161 million and a loss per share of $0.60, so Alteryx exceeded those expectations by a wide margin.