Appian Corp (APPN) shares surged 8.17% in pre-market trading on Thursday, following the release of its impressive first-quarter 2025 financial results and an upward revision of its full-year guidance.

The software firm reported Q1 earnings of $0.13 per share, significantly beating analyst expectations of $0.03 per share. This represents a remarkable 154.17% increase from the same period last year when the company posted a loss of $0.24 per share. Quarterly revenue also exceeded expectations, coming in at $166.43 million, surpassing the analyst consensus estimate of $163.35 million and marking an 11.07% year-over-year growth.

Buoyed by these strong results, Appian 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 have sparked investor optimism, contributing to the stock's substantial pre-market rally.