After Upbeat Earnings, Alteryx's Next Event Will Be Key

·4 min read
After Upbeat Earnings, Alteryx's Next Event Will Be Key

Despite a slight bump following better-than-expected first-quarter results, Alteryx's (NYSE: AYX) stock price is down by close to 60% from its last-year all-time high. Alteryx addresses a big data market that CEO Mark Anderson estimated will grow to "hundreds of billions" in the next few years. In particular, non-specialized users leverage Alteryx's tools to manipulate big data sets and generate relevant outcomes that can lead to improving operations and sales.