Overview

• Adjusted EPS reached $0.92 on revenue of $800.6 million, topping consensus estimates and rising 9% year over year.
• Billings increased 13% to $818 million, while total customers grew 9% to more than 1.7 million and large customers rose 7% to 1,137.
• Management raised its fiscal 2026 revenue outlook to $3.19–$3.20 billion and issued third‑quarter sales guidance above Street estimates.
• The stock gained roughly 7–8% in after-hours and premarket trading and remained higher Friday in regular hours.
• Analysts acknowledged the beat but kept a cautious tone, with JPMorgan maintaining Neutral and lifting its target to $80 as they watch upselling, suite penetration and GAAP profitability.