LOS ANGELES–(BUSINESS WIRE) – Frank R. Cruz law firms are announcing an investigation on behalf of Alteryx, Inc. (“Alteryx” or “Company”) (NYSE: AYX) investors into possible violations of federal securities laws by the company and its officers .
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On August 6, 2020, the company announced its financial results for the second quarter of 2020 in a press release. In it, Alteryx stated that third-quarter revenue is expected to be "$ 111.0 million to $ 115.0 million, an increase of 7% to 11% year over year." Fiscal 2020 sales between $ 460.0 million and $ 465.0 million, an increase of 10% to 11% over the previous year.
In that news, the company's share price fell $ 47.62, or 28%, to close at $ 121.38 per share on August 7, 2020, hurting investors.
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If you have purchased Alteryx securities, have information or would like to learn more about these claims, or have any questions about this announcement or your rights or interests in relation to these matters, please contact Frank R. Cruz of the Frank R. Law Firms. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067, 310-914-5007, by email at email@example.com or visit our website at www.frankcruzlaw.com. When inquiring by email, please include your postal address, telephone number and number of shares purchased.
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