UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 17, 2023 (February 16, 2023)
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Item 7.01 Regulation FD Disclosure.
On February 16, 2023, Appian Corporation (the “Company”) issued a press release and held an earnings conference call (collectively, the “Earnings Publication”) where the Company provided guidance regarding its cloud subscription revenue, indicating that such revenue is expected to grow in the range of 26% to 29% for the first quarter of 2023 and 24% to 25% for the full year 2023.
On February 16, 2023, after the Company’s earnings call, the Company held a conference call with a reporter from Seeking Alpha. During that call, in response to a question, a Company executive indicated that in a regular economic environment, the Company could see 30% growth in cloud subscription revenue through 2025. The executive did not suggest or indicate that there was a promise of a return to a regular economic environment this year.
In issuing this 8-K, the Company reaffirms the guidance it provided in the Earnings Publication. The Company disclaims any intention or obligation to update or revise its prior guidance, whether as a result of new information, future events or otherwise.
The information in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section. The information in this Current Report shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Appian Corporation | |||||||||||
Date: February 17, 2023 | By: | /s/ Mark Matheos | |||||||||
| Mark Matheos | |||||||||||
| Chief Financial Officer | |||||||||||