The company said its ARR grew to $3.6 billion as of April 30, 2024, and that $211.7 million of this was net new ARR added over the 3 months ended April 30, 2024.

1. 01

   The company said its ARR grew to $3.6 billion as of April 30, 2024, and that $211.7 million of this was net new ARR added over the 3 months ended April 30, 2024.

2. 02

   The company said total revenue for the 3-month period ended April 30, 2024 increased $228.5 million, or 33%, from the same period a year earlier. Subscription revenue rose $221.0 million (34%) and accounted for 95% of total revenue.

3. 03

   The company said net cash provided by operating activities for the 3 months ended April 30, 2024 was $383.2 million. It said this reflected net income of $46.3 million, adjusted for non-cash charges of $305.3 million and a net cash inflow of $31.6 million from changes in operating assets and liabilities.

4. 04

   The company said it held $3.7 billion in cash and cash equivalents as of April 30, 2024 and had a $750.0 million senior secured revolving credit facility. Investing activities for the 3-month period included $96.4 million in spending, net of cash acquired in the Flow Security acquisition.

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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