๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $51.6M (Est. $50.2M) โ
โข Non-GAAP EPS: -$0.33 (Est. -$0.37) โ
โข Subscription revenue: $48.4M
โข Cash, cash equivalents & securities: $575.4M
โข Subscription revenue represented 94% of total revenue
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q1 FY27 Revenue: $50.0M-$54.0M (Est. $51.7M) ๐ฐ
โข FY27 Revenue: $210.0M-$240.0M (Est. $248.9M) โ
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue beat expectations despite ongoing sales challenges
โข Thomas Siebel resumed role as CEO
โข FY26 subscription revenue reached $227.1M, representing 91% of total revenue
โข June cash balance increased to $673M following Siebel's purchase of 6.17M shares
โข FY27 outlook came in well below consensus expectations
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โThe sales performance over recent quarters has been entirely unacceptable, to the point of surreal. We are here to fix it.โ