Revenue Growth
Revenue increased by 11% year-over-year to $72 million, in line with expectations. This growth was driven by a 15% increase in the customer base and new products, including App Intelligence and Gen AI Intelligence.
Positive Free Cash Flow
Reported eighth consecutive quarter of positive free cash flow, totaling $3 million for Q3 with a 4% free cash flow margin.
Gen AI Intelligence Milestone
ARR from Gen AI Intelligence product grew rapidly to over $1 million since its launch in April.
App Intelligence Growth
More than 580 customers were using the App Intelligence product, with ARR increasing to above $10 million.
Increased Multiyear Contracts
58% of ARR is now contracted under multiyear agreements, up from 45% last year.
Raised Profit Guidance
Raised non-GAAP operating profit guidance to between $8.5 million and $9.5 million, significantly higher than previous expectations.