Earnings ExpectationsDespite 2QFY25 upside, management left full-year ARR guidance for 15%-16% yr-yr constant currency growth unchanged, which fell below expectations.
Financial GuidanceThe company only raised full year revenue and margin guidance slightly, and maintained full-year ARR growth, which drove the mild stock weakness.
Sales Team Stability30% of all customer accounts now have a new sales rep, and 30% of all sales reps have less than 1 year of tenure, causing management to remain cautious with guidance.