Overview
- Revenue came in at $42.05 million versus the $40.49 million consensus, up 68% year over year.
- Adjusted loss was $0.03 per share, matching estimates, and adjusted EBITDA loss totaled $14.5 million.
- The company ended the quarter with $269 million in cash and cash equivalents.
- Full-year 2025 revenue guidance increased to $165 million to $180 million from a prior $160 million to $178 million range.
- Shares fell about 2.5% after hours to $13.88 as the CEO touted global enterprise adoption and deployments across millions of endpoints.