Overview
- Earnings came in at $0.15 per share versus the $0.12 consensus, with revenue at $415.98 million beating the $398.47 million estimate.
- Revenue rose from $321.98 million a year earlier, reflecting continued top-line expansion.
- Annualized recurring revenue ended the quarter at $1.75 billion, up 29% year over year.
- Large-customer metrics improved to 2,990 customers above $100,000 in ARR and 164 above $1 million, increasing by 219 and 17 respectively in the quarter.
- Shares were roughly flat in extended trading, with Benzinga Pro showing a 0.27% decline, as CEO Sanjit Biswas highlighted partnerships with complex physical-operations organizations.