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Alteryx, Inc. (AYX) SEC Filing 10-Q Quarterly report for the period ending Wednesday, September 30, 2020

Alteryx, Inc.

CIK: 1689923 Ticker: AYX
Exhibit 99.1
 ayxlogo1a.jpg
Alteryx Announces Third Quarter 2020 Financial Results

Third Quarter Revenue of $129.7 million, up 25% Year-Over-Year
Annual Recurring Revenue of $449.5 million, up 38% Year-Over-Year

IRVINE, Calif. – November 5, 2020
– Alteryx, Inc. (NYSE: AYX), a leader in analytic process automation (APA), today announced financial results for its third quarter ended September 30, 2020.

“Alteryx has a unique combination of passionate and engaged customers, differentiated technology, a high growth market and strong talent. The analytics market that we play in is extremely dynamic, and we need to continually evolve to meet the ever-increasing needs of our customers as they seek to leverage their data assets and run smarter,” said Mark Anderson, CEO of Alteryx, Inc. “I am truly excited to guide Alteryx through the next phase of its growth and believe we have the fundamental building blocks to execute on our opportunity."
Third Quarter 2020 Financial Highlights
Revenue: Revenue for the third quarter of 2020 was $129.7 million, an increase of 25%, compared to revenue of $103.4 million in the third quarter of 2019.
Gross Profit: GAAP gross profit for the third quarter of 2020 was $119.3 million, or a GAAP gross margin of 92%, compared to GAAP gross profit of $93.8 million, or a GAAP gross margin of 91%, in the third quarter of 2019. Non-GAAP gross profit for the third quarter of 2020 was $120.8 million, or a non-GAAP gross margin of 93%, compared to non-GAAP gross profit of $95.3 million, or a non-GAAP gross margin of 92%, in the third quarter of 2019.
Income from Operations: GAAP income from operations for the third quarter of 2020 was $9.6 million, compared to GAAP income from operations of $11.9 million for the third quarter of 2019. Non-GAAP income from operations for the third quarter of 2020 was $31.2 million, compared to non-GAAP income from operations of $22.0 million for the third quarter of 2019.
Net Income (Loss): GAAP net income attributable to common stockholders for the third quarter of 2020 was $4.4 million, compared to GAAP net loss attributable to common stockholders of $(6.2) million for the third quarter of 2019. GAAP net income per diluted share for the third quarter of 2020 was $0.06, based on 69.8 million GAAP weighted-average diluted shares outstanding, compared to GAAP net loss per diluted share of $(0.10), based on 64.0 million GAAP weighted-average diluted shares outstanding for the third quarter of 2019.
Non-GAAP net income and non-GAAP net income per diluted share for the third quarter of 2020 were $27.1 million and $0.39, respectively, compared to non-GAAP net income of $16.4 million and non-GAAP net income per diluted share of $0.24 for the third quarter of 2019. Non-GAAP net income per diluted share for the third quarter of 2020 was based on 69.8 million non-GAAP weighted-average diluted shares outstanding, compared to 69.5 million non-GAAP weighted-average diluted shares outstanding for the third quarter of 2019.
Balance Sheet and Cash Flow: As of September 30, 2020, we had cash, cash equivalents, and short-term and long-term investments of $982.5 million, compared to $974.9 million as of December 31, 2019. Cash provided by operating activities for the first nine months of 2020 was $16.3 million, compared to cash provided by operating activities of $13.5 million for the first nine months of 2019.

A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures and Operating Measures.”
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The following information was filed by Alteryx, Inc. (AYX) on Thursday, November 5, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Alteryx, Inc.'s 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Cover Page
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Parenthetical)
Condensed Consolidated Statements Of Cash Flows
Condensed Consolidated Statements Of Operations And Comprehensive Income (Loss)
Condensed Consolidated Statements Of Stockholders' Equity
Allowance For Doubtful Accounts And Sales Reserves
Allowance For Doubtful Accounts And Sales Reserves (Details)
Allowance For Doubtful Accounts And Sales Reserves (Tables)
Basic And Diluted Net Income (Loss) Per Share
Basic And Diluted Net Income (Loss) Per Share (Details)
Basic And Diluted Net Income (Loss) Per Share (Tables)
Business
Business Combinations
Business Combinations - Additional Information (Detail)
Contingencies
Contingencies (Details)
Convertible Senior Notes
Convertible Senior Notes (Tables)
Convertible Senior Notes - Additional Information (Details)
Convertible Senior Notes - Summary Of Debt (Details)
Convertible Senior Notes - Summary Of Interest Expense (Details)
Equity Awards
Equity Awards (Tables)
Equity Awards - Additional Information (Details)
Equity Awards - Schedule Of Rsu Activity (Details)
Equity Awards - Schedule Of Stock Option Activity (Details)
Equity Awards - Schedule Of Stock-Based Compensation Expense (Details)
Equity Awards - Schedule Of Valuation Assumptions (Details)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Additional Information (Details)
Fair Value Measurements - Summary Of Cash And Cash Equivalents And Investments' Costs, Gross Unrealized Gains (Losses), And Fair Value By Major Security Type Recorded As Cash And Cash Equivalents Or Short-Term Or Long-Term Investments (Details)
Goodwill And Intangible Assets
Goodwill And Intangible Assets (Tables)
Goodwill And Intangible Assets - Schedule Of Change In Carrying Amount Of Goodwill (Details)
Goodwill And Intangible Assets - Schedule Of Finite-Lived Intangible Assets Estimated Remaining Amortization Expense (Details)
Goodwill And Intangible Assets - Schedule Of Intangible Asset Amortization Expense (Details)
Goodwill And Intangible Assets - Schedule Of Intangible Assets (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Schedule Of Provision For Income Taxes And Effective Tax Rates (Details)
Leases
Leases (Tables)
Leases - Lease Costs (Details)
Leases - Narrative (Details)
Leases - Undiscounted Cash Flows (Details)
Revenue
Revenue (Tables)
Revenue - Assets Recognized From Costs To Obtain Contracts With Customers (Details)
Revenue - Contract Assets And Contract Liabilities (Details)
Revenue - Disaggregation Of Revenue (Details)
Revenue - Remaining Performance Obligation (Details)
Significant Accounting Policies
Significant Accounting Policies (Detail)
Significant Accounting Policies (Policies)
Subsequent Event

Material Contracts, Statements, Certifications & more

Alteryx, Inc. provided additional information to their SEC Filing as exhibits

Ticker: AYX
CIK: 1689923
Form Type: 10-Q Quarterly Report
Accession Number: 0001689923-20-000099
Submitted to the SEC: Thu Nov 05 2020 6:36:26 PM EST
Accepted by the SEC: Fri Nov 06 2020
Period: Wednesday, September 30, 2020
Industry: Prepackaged Software

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