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The company ended Q1/24 with 4,392 customers, up from 3,240 customers at the end of Q1/23. Customers with equal or greater than $100,000 in ARR was 830, up from 704 customers at the end of Q1/23, representing 89% of total revenue in Q1/24 (vs. 88% in Q1/23).
For Q2/24, the company expects EPS in the range of ($0.16)-($0.14), compared to the consensus of ($0.12), and revenue in the range of $137-$139M, compared to the consensus of $141M.
For the full year, the company expects EPS of ($0.27)-($0.24), compared to the consensus of ($0.39), and revenue of $564-$570M, compared to the consensus of $593M.
By Davit Kirakosyan
