Overview
- Quarterly revenue rose 19% to $314 million, with adjusted EPS of $1.17 topping forecasts.
- Total ARR reached $1.085 billion, subscription ARR climbed to $941 million year over year, and SaaS revenue increased 44%.
- Q4 guidance calls for $305 million to $308 million in revenue, subscription revenue of $203 million to $207 million, and a non‑GAAP EBIT margin of about 19%.
- Operating cash flow was $4 million and free cash flow was $2 million in the quarter, which the company attributed to working‑capital timing.
- Management raised full‑year revenue and margin targets, expanded partnerships including with Google Cloud, and reauthorized a $250 million buyback after repurchasing $41 million in Q3.