Strong Q2 Results
The company's Q2 revenues reached $391 million, up 1.5% versus last year on a pro forma basis, with adjusted EBITDA margin improving by 270 basis points to 29.2% and adjusted diluted EPS growing by 29% year-over-year.
Successful Integration of Sterling Acquisition
The integration of the $2.2 billion Sterling acquisition is ahead of schedule, with $47 million of synergies actioned and $10 million realized in Q2, contributing to a strong financial performance.
High Customer Retention
Customer retention remained high at over 96%, consistent with past results, demonstrating strong customer-centric focus.
International Growth
International segments performed well, growing by 7.2% in the quarter and outpacing the Americas in all phases of growth algorithm.
Strategic Focus on Digital Identity
Continued strong interest and sales in Digital Identity solutions, considered a major growth area with significant potential.