Overview
- Fiscal Q4 revenue reached $271.2 million for about 20% growth, with ARR at $1.119 billion and a record $64 million in net new ARR, while adjusted EPS rose to $0.07 and topped estimates.
- The company guided fiscal Q1 revenue to $276–$278 million with adjusted EPS of $0.01–$0.02, and projected full‑year revenue of $1.195–$1.205 billion with adjusted EPS of $0.32–$0.38.
- Customer traction strengthened as customers with at least $100,000 in ARR grew to 1,667, 65% of enterprise clients now use three or more solutions, and Purple AI reached a 50% attach rate in Q4.
- Management cited notable wins including a seven‑figure deal with Cloudflare and a large Fortune 100 financial‑services agreement focused on AI security and governance.
- Analyst coverage remains split as Sonalee Parekh is set to become CFO on March 24, with DA Davidson cutting its price target to $14 and Wells Fargo initiating at Equal Weight, while some commentators cite low valuation near 4x forward sales as a buy case.