🔹 Revenue: $282.3M vs. $276M est. 🟢
🔹 Adj EPS: $1.10 vs. $0.70 est. 🟢
🔹 Customers >$100K ARR: 1,328, up +46% y/y
FY25 Outlook:
🔹 Revenue: $1.22B–$1.23B (Est. $1.21B) 🟢
🔹 Non-GAAP Op Income: $144M–$150M (Prior: $134M–$142M)
🔹 Adj FCF: $310M–$316M (FCF Margin: 25%–26%)
Q2 Outlook:
🔹 Revenue: $292M–$294M (Est. $294.3M) 🟡
🔹 Non-GAAP Op Income: $32M–$34M (Margin: 11%–12%)
Key Commentary:
🔸 Record operating profit and FCF
🔸 Net dollar retention: 117% for >$100K customers
🔸 Strong AI feature adoption across platform
🔸 CEO: “Outstanding start to 2025... multi-product platform driving momentum”