Alteryx, Inc. (AYX) Q4 2019 Earnings Call Transcript

  • Date: 14-Feb-2020
  • Source: The Motley Fool
  • Sector:Financial Markets
  • Country:UAE
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Alteryx, Inc. (AYX) Q4 2019 Earnings Call Transcript

Good afternoon, and thank you for joining us today to review Alteryx' fourth quarter and full year 2019 financial results.. With me on the call today are Dean Stoecker, Chairman and Chief Executive Officer; and Kevin Rubin, Chief Financial Officer.. With that, I'd like to turn the call over to our Chief Executive Officer, Dean Stoecker.. Alteryx delivered a strong finish to another year of remarkable growth, driven by both favorable market trends and excellent execution.. Kevin will then walk through our Q4 and 2019 financial performance and our outlook for the full year 2020.. We added 474 net new customers, including 36 of the Global 2000, and now have approximately 6,100 customers, including 36% of the Global 2000.. We added just under 1,400 net new customers and posted positive operating margins of 18%.. We generated $34 million in positive cash flow from operations.. The strength in the quarter was driven by both strong global execution as well as continued favorable market trends.. It can only effectively be achieved by harnessing the networking effects of people, data and technologies, which allow companies to build a culture of data science and analytics that drives value across all functional areas of the