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Appian shares rise on better-than-expected first quarter

  • Appian Corp. shares rose over 5% after reporting better-than-expected revenue and earnings for the first quarter.
  • Appian's sales increased by 11% to $166.4 million in the first quarter, mainly driven by the growth in its subscription segment.
  • The company's platform enables automation of business tasks through visualization and automation workflows, leveraging tools like Data Fabric.
  • Appian is focusing on monetizing AI capabilities, increasing profit margins, and enhancing sales efficiency to drive growth and profitability.

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