An examination of the Alteryx $AYX Q2, 2020 Earnings Report, to figure out WHY the stock slumped by a staggering 28% in a single day of trading. Should you BUY now and ride the RECOVERY for profit?

Alteryx is a SaaS data science and analytics software development company, aiming to produce advanced analytics tools that are accessible to any data worker. They currently partner with 37% of the Global 2000, and have gained a reputation for being a disruptor within data analytics due to its ability to be completely data agnostic and work with any existing platform(s). They are considered amongst the market leaders within the space and data analytics as a whole, is expected to grow substantially over the coming years & decades.

In the most recent Q2, 2020 earnings report by Alteryx, they reported weaker revenue and guidance than analysts were expecting, and as a result, shares tumbled by 28% the following day! Was this decline justified or was it a complete overreaction by investors? And ultimately, can the stock return to the previous all-time highs set just days before the correction?

This video attempts to analyse the earnings report in addition to an additional slidedeck provided by Alteryx themselves, to answer the above question. It digs into metrics such as the expansion rate, the QoQ and YoY comparative metrics and even a look at the broader economic and market events to explain the root cause.

Timestamps:
- Intro: 0:00
- Alteryx drops 28% in ONE DAY: 0:39
- A 12% decline in revenue during Q2 2:35
- Customers struggling with the pandemic: 3:40
- Expansion rate of 126%: 4:58
- Is there a pattern to its expansion rate?: 5:40
- Number of customers now at 6,700: 6:08
- Decline in the number of Data Science jobs: 6:33
- Q2 Earnings Report: 8:37
- Analyst price targets for AYX: 12:47
- Can Alteryx follow AMD's journey?: 13:46
- Outro: 15:30

#Stocks #Alteryx #AYX $AYX #Investing #DataScience #Analytics #robinhoodapp #robinhoodinvesting

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Alteryx's Investor Slidedeck for Q2, 2020 -
https://s22.q4cdn.com/730379107/files...

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