Financial PerformanceG delivered another solid beat with revenue/EPS above Street by 2%/7%, supported by continued momentum on its strategic initiatives and a pragmatic guidance approach.
GenAI ExpansionG maintained a view of GenAI expanding its TAM, with GenAI bookings increasing materially q/q and having ~130 GenAI solutions in production environments.
Guidance And Growth OutlookCEO BK Kalra’s “3+1” framework is driving an acceleration in growth and leading to continued strength in bookings with 2 large deal signings and 23 new logos in 2Q24.