Appian Shares Rise After Higher Non-GAAP Earnings, Revenue for Q1, 2026 Outlook Lifted

-- Appian (APPN) shares were up more than 3% in Thursday trading after the company posted higher non-GAAP earnings and revenue for Q1, and raised its outlook for the year.

The company reported Q1 non-GAAP earnings Thursday of $0.27 per diluted share, compared with $0.13 a year earlier.

Analysts polled by FactSet expected $0.18.

Revenue for the quarter ended March 31 was $202.2 million, up from $166.4 million a year earlier.

Analysts polled by FactSet expected $191.6 million.

The company said it expects a range of non-GAAP loss of $0.02 per share to non-GAAP earnings of $0.02 per share for Q2. Analysts polled by FactSet expect earnings of $0.09. Revenue for Q2 is expected to be between $191 million and $195 million. Analysts polled by FactSet expect $191.6 million.

For 2026, Appian said it now expects non-GAAP EPS of $0.94 to $1.05, up from its previous guidance of $0.82 to $0.96. Analysts polled by FactSet expect $0.89. Full-year revenue is expected to be between $819 million and $831 million, compared with $801 million to $817 million previously. Analysts polled by FactSet expect $810.6 million.

Price: $24.02, Change: $+0.84, Percent Change: +3.60%

RBC Maintains Suncor Energy's Outperform Rating, C$100 Price Target

RBC Capital Markets on Wednesday reiterated Suncor Energy's (SU.TO) outperform rating and C$100 price target, with the bank noting the company delivered another quarter of "robust performance" punctuated by a "jumbo-sized" downstream pre-tax margin of $2 billion (including FIFO gains) in part driven by record refined product sales of 680,900 bbl/d.RBC's updated production outlook of 862,100 bbl/d, anchored by a $5.7 billion capital program, remains relatively unchanged."Suncor's first-quarter results reinforced our confidence that its culture of sustained high performance is taking deep root and enabling the company to be on the podium, come what may," RBC said. "We believe the ingredients are in place for the company to earn a premium relative valuation, conceivably over the next year," RBC added.Suncor is RBC's favorite integrated producer in Canada and is part of its Global Energy Best Ideas list.Suncor traded at $85.70 per share at last look Thursday on the Toronto Stock Exchange.Price: $85.70, Change: $-2.21, Percent Change: -2.51%

$SU.TO

Appian Shares Rise After Higher Non-GAAP Earnings, Revenue for Q1, 2026 Outlook Lifted

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