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Revenue grew 27% year-over-year to $501.6 million, beating the consensus estimate of $474.87M. Subscription revenue was up 27% to $489.7M, while Professional services and other revenue grew 12% year-over-year to $11.9M.
“We continue to operate in a tough macroeconomic environment but we have a solid playbook for executing and driving sustainable growth despite this challenge. At the same time, we are in the early stages of a transformative shift brought on by Generative AI,” said CEO Yamini Rangan, noting that the company is well-positioned to help go-to-market teams be even more effective with AI.
For Q2/23, the company expects EPS in the range of $0.98-$1.00, compared to the consensus of $0.88, and revenue in the range of $503-$505M, compared to the consensus of $497.92M.
For the full year, the company expects EPS in the range of $4.80-$4.85, compared to the consensus of $4.27, and revenue of $2.08-2.088B, compared to the consensus of $2.06B.
By Davit Kirakosyan
