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At the end of Q1/24, the company had approximately 215,900 Enterprise customers (up 9% year-over-year), with 3,580 customers (up 23% year-over-year) contributing more than $100,000 in trailing 12 months revenue.
“This relationship with our customers helped us to exceed our guidance due to Enterprise growth and stabilizing Online revenue while driving greater efficiencies in our business to deliver strong profitability and free cash flow margin,” said CEO Eric Yuan.
For Q2/24, the company expects EPS in the range of $1.04-$1.06, compared to the consensus of $1.05, and revenue in the range of $1.11-$1.115B, compared to the consensus of $1.11B.
For the full year, the company sees EPS at $4.25-$4.31, compared to the consensus of $4.22, and revenue at $4.465-$4.485B, compared to the consensus of $4.45B.
