Shares of Appian Corp (APPN) are soaring 9.34% in pre-market trading on Thursday, following the company's impressive first-quarter 2025 financial results and an upward revision of its full-year guidance. The software firm's strong performance and optimistic outlook have sparked investor enthusiasm, driving the significant stock price increase.

Appian reported a remarkable turnaround in its Q1 earnings, posting a non-GAAP net income of $0.13 per diluted share, compared to a net loss of $0.09 per share in the same period last year. This result significantly surpassed analyst expectations of $0.03 per share. The company's revenue for the quarter also exceeded forecasts, coming in at $166.43 million, beating the analyst consensus estimate of $163.35 million and marking an 11.07% year-over-year growth.

Buoyed by these strong results, Appian has raised its full-year 2025 outlook. The company now forecasts total revenue between $680 million and $688 million, up from its previous range of $680 million to $684 million. Additionally, Appian increased its adjusted profit forecast for the year to between $0.18 and $0.26 per share, compared to the earlier projection of $0.17 to $0.22 per share. These revised forecasts, which surpass analysts' expectations, have further fueled the stock's pre-market rally. The company's improved financial performance and optimistic outlook suggest a positive trajectory for Appian's growth and profitability in the coming quarters.