Earnings And GrowthMaintenance growth assumptions have been increased to approximately 9% for fiscal year 2025, reflecting the significant value uplift on renewals.
Financial PerformanceThe company achieved a strong free cash flow performance in Q2, with a 16% year-over-year increase to $72.8 million, significantly surpassing consensus expectations by 41%.
Market PositionThe long-term strengths of the company, including its market leadership, robust product offerings, and key large reference customers, continue to support its favorable position in an under-penetrated market.