Reports Q1 revenue $296.71M, consensus $297.84M. “Our strong execution within a dynamic macro environment resulted in outstanding first quarter results, highlighted by double-digit top-line growth, 57% growth in operating income year-over-year, and $45M in operating cash flow that further strengthened our balance sheet,” said co-founder and co-CEO Mike Karanikolas. “We achieved these strong results while continuing to invest in key initiatives that we believe will drive long-term success, which is especially important during this uncertain time when industry peers with weaker foundations are dialing back investment plans,”, said Co-Founder and Co-CEO Commentary.
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