Overview
- Revenue rose 11% to $761 million in Q4 with adjusted EPS of $0.90, and net income reached $63 million.
- Management projected Q1 revenue of $749 million to $753 million and adjusted EPS of $0.84 to $0.86, implying roughly 9% growth, the weakest since 2017.
- Full‑year outlook calls for $3.17 billion to $3.19 billion in revenue and adjusted EPS of $3.74 to $3.82.
- Remaining performance obligations increased 15% year over year to about $4.83 billion, and the COO said meaningful seat reductions have not appeared in results.
- Shares rebounded about 11% as several firms maintained bullish ratings with lower targets, while leadership highlighted securing AI agents as a new demand driver.