Alteryx stock jumps 30% after new CEO, increased sales outlook

Alteryx stock jumps 30% after new CEO, increased sales outlook

Alteryx Inc. AYX, +0.69% shares rallied in the extended session Monday after the data-analytics software company said Mark Anderson is succeeding Dean Stoecker as chief executive effective immediately and raised its sales guidance.

Alteryx shares soared 30% after hours, following a 0.7% gain to finish the regular session at $113.88. Anderson, who is already on the board, once served as president of Palo Alto Networks Inc. PANW, +1.43% Stoecker will continue to serve as Alteryx chairman, the company said. Alteryx also hiked its third-quarter revenue outlook to a range of $126 million to $128 million, up from a previous range of $111 million to $115 million. Analysts surveyed by FactSet had forecast $113.5 million.

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