Strong ARR Growth
The company experienced a growth in ARR by more than 30% year-on-year, with record numbers of paid seats and strong partner acquisitions.
Introduction of New Products
Launched Entra ID backup and a non-for-profit SKU in partnership with Pax8, indicating diversification in product offerings.
Churn Rate Improvement
Churn returned to historic lows of sub-3%, demonstrating effective partner success strategies.
Positive Cash Flow
Operating cash flow for the quarter grew by 37% on prior quarter, indicating strong financial health.
Seamless Integration Improvements
Strengthened integration into partner workflows, including a new integration with HaloPSA.
Record Quarter in User and Partner Growth
Achieved a record quarter in terms of user and partner growth, particularly in North America and Asia Pacific.