Overview
- Adjusted earnings reached $0.12 per share versus $0.07 expected, on revenue of $391.5 million that rose 30% and topped forecasts.
- Annual recurring revenue ended the quarter at $1.64 billion, up 30% year over year, with 2,771 customers above $100,000 in ARR generating about $1 billion.
- Full-year fiscal 2026 guidance increased to $1.574–$1.578 billion in revenue and $0.45–$0.47 in adjusted EPS, and the October-quarter revenue outlook was set at a $399 million midpoint, slightly above consensus.
- Net loss narrowed 66% year over year to $16.8 million, indicating continued margin improvement.
- Shares rallied by roughly 15% to 17% following the results and upgraded outlook.