Overview
- Revenue rose 26% year over year to $316.9 million, topping the roughly $312.3 million consensus.
- Adjusted earnings came in at $1.16 per share versus expectations of $0.88.
- Management guided December‑quarter revenue to $329 million, short of the about $333.7 million analysts forecast.
- The stock slid roughly 18% in early trading to near $155.49, a level Investor’s Business Daily called a two‑year low.
- CFO Eliran Glazer emphasized disciplined growth, with non‑GAAP operating income of $47.5 million (15% margin), a 28.5% free cash flow margin, 115% net revenue retention, and 3,993 customers spending over $50,000 annually.