Financial PerformanceOperating cash flow was significantly below estimates, driven by acquisition-related costs, incremental interest expense, and timing of working capital shifts.
Guidance And BookingsDisappointing fiscal 2026 guidance appears to be primarily driven by softer-than-expected bookings in fiscal 2025.
Sales ExecutionChallenged sales execution, longer than anticipated acquisition integration, and elevated interest rates are some of the reasons affecting the outlook.