Financial PerformanceBetter than expected profitability as operating margin of -19% topped consensus at -30% and free cash flow came in positive at $7 million with management reiterating its outlook for positive free cash flow for the full-year FY25.
Market Demand And GrowthThe company is generally seeing strong demand with particularly strong uptake in areas like federal and defense, oil and gas, and state and local government.
Partnerships And CollaborationsImpressive contribution from partners, such as Google Cloud, who were involved in 72% of the signed agreements in Q1, up 155% year over year.