Earnings PerformanceEPS of $3.36 beat Street estimates by a whopping 42c, supported by slight Opex improvements and a ~17c tax benefit.
Revenue GuidanceFQ4 revenue guidance of $720M - $740M is well above the previously expected $702M, breaking out from the recent range of $675M - $705M.
Software RevenuesSubscription revenues grew 11% q/q, now making up 87% of software revenues compared to 84% for FY23.