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Appian's CEO says the US government is using more AI as federal contracts increase.

ResultsRead the original at Benzinga
Good for APPN

Appian beat sales and adjusted profit estimates, then raised its 2026 sales and profit forecasts. Those gains outweigh a below-estimate fourth-quarter profit forecast and cash use during the quarter.

APPN · Appian Corp.

AI read · Good for APPN

The AI's read

Appian's growing use of AI tools, rising subscriptions, and larger government deals support increased customer spending. The fourth-quarter adjusted profit forecast falls short of analyst expectations, and the company used operating cash instead of generating it. Still, its raised full-year sales and profit forecasts and strong reported results support a positive reading.

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