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Exhibit 99.1
Alteryx Announces Fourth Quarter and Full Year 2017 Financial Results
Fourth Quarter Revenue Increased 55% Year-over-Year to $38.6 million
Full Year 2017 Revenue Increased 53% Year-over-Year to $131.6 million
IRVINE, Calif. February 21, 2018 Alteryx, Inc. (NYSE: AYX), a provider of a leading end-to-end analytics platform for the enterprise, today announced financial results for its fourth quarter and full year ended December 31, 2017.
The fourth quarter was a very strong end to a terrific 2017. During the fourth quarter, revenue increased 55% year-over-year and dollar-based net revenue retention rates were again above 130% for the fifth consecutive quarter, said Dean Stoecker, CEO of Alteryx, Inc.
Stoecker continued, Demand for our complete end-to-end analytics platform for the enterprise increased, driven by our land and expand strategy. We added a meaningful number of net new customers and continue to have a very strong dollar-based net revenue retention rate. More and more of our customers are embracing our expanded platform and partnering with us to create an analytics culture that is core to their organization. As we look to 2018, we are focused on delivering innovation to strengthen our platform, investing in sales and marketing initiatives globally to capture our large market opportunity, and building out our world class teams. We believe we are building an enduring business that can deliver strong revenue growth, on our path towards long-term sustainable profitability.
Fourth Quarter 2017 Financial Highlights
| Revenue: Revenue for the fourth quarter was $38.6 million, an increase of 55% year-over-year. |
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Ticker: AYX
CIK: 1689923
Form Type: 10-K Annual Report
Accession Number: 0001193125-18-073878
Submitted to the SEC: Wed Mar 07 2018 8:29:16 PM EST
Accepted by the SEC: Thu Mar 08 2018
Period: Sunday, December 31, 2017
Industry: Prepackaged Software