Strong Cloud Revenue Growth
Cloud revenue rose 12% year on year to $527 million, now representing 75% of total revenue. The growth was driven by the adoption of the CXone Mpower platform.
Record Share Buyback
Executed the largest quarterly share repurchase in the company's history totaling $252 million, demonstrating confidence in the long-term strategy.
Major Government Contracts
Signed a $100 million contract with a major European government agency, marking the second nine-figure government deal in less than a year.
New Strategic Partnerships
Announced new partnerships with ServiceNow and AWS, enhancing the integration of AI, automation, and cloud services.
Expansion into International Markets
50% of international revenue now comes from cloud solutions, reflecting strong global growth and cloud adoption.
Introduction of New Cloud Metrics
Introduced CapEx-AI and self-service cloud revenue metrics, with annual recurring revenue exceeding $200 million, growing 39% year over year.