24 annotations
As we enter 2024, it appears that the worst of cloud optimization may be behind us.
(No comment added)
Transcript
2023 Q4
29 Feb 24
We are also seeing more customers enter into multiyear deals with us
(No comment added)
Transcript
2023 Q4
29 Feb 24
We also note that the greater intensity of optimization we've seen over the past 6 quarters appears to have dissipated.
(No comment added)
Transcript
2023 Q4
29 Feb 24
customers were looking for more integrated platforms, more model offerings, things that were more cloud first
(No comment added)
Transcript
2023 Q3
10 Nov 23
free cash flow was $138 million for a free cash flow margin of 25%
(No comment added)
Transcript
2023 Q3
10 Nov 23
$2.3 billion in cash
(No comment added)
Transcript
2023 Q3
10 Nov 23
24% operating margin,
(No comment added)
Transcript
2023 Q3
10 Nov 23
gross margin of 82.3%
(No comment added)
Transcript
2023 Q3
10 Nov 23
the trends we see in early Q4 are stronger than they've been for the past year.
(No comment added)
Transcript
2023 Q3
10 Nov 23
We had a very healthy start to Q4 in October.
(No comment added)
Transcript
2023 Q3
10 Nov 23
82% of customers were using two or more products, up from 80% a year ago. 46% of customers were using 4 or more products, up from 40% a year ago and 21% of our customers were using 6 or more products, up from 16% last year.
(No comment added)
Transcript
2023 Q3
10 Nov 23
Revenue was $548 million, an increase of 25% year-over-year and above the high end of our guidance range. We ended with about 26,800 customers, up from about 22,200 last year. We ended the quarter with about 3,130 customers with an ARR of $100,000 or more, up from about 2,600 last year. And these customers generated about 86% of our ARR. And we generated free cash flow of $138 million with a free cash flow margin of 25%
(No comment added)
Transcript
2023 Q3
10 Nov 23
our log management product exceeded $500 million in AR
(No comment added)
Transcript
2023 Q3
8 Nov 23
exceeded $500 million in ARR
(No comment added)
Transcript
2023 Q3
8 Nov 23
our APM suite
(No comment added)
Transcript
2023 Q3
8 Nov 23
our infrastructure monitoring ARR exceeded $1 billion
(No comment added)
Transcript
2023 Q3
8 Nov 23
Overall, we continue to see impact from optimization in our business. But we believe that the intensity and breadth of optimization we've experienced in recent quarters is moderating.
(No comment added)
Transcript
2023 Q3
8 Nov 23
Overall, we continue to see impact from optimization in our business. But we believe that the intensity and breadth of optimization we've experienced in recent quarters is moderating.
(No comment added)
Transcript
2023 Q3
8 Nov 23
We are seeing signs that the cloud optimization activity from some of our customers may be moderating.
(No comment added)
Transcript
2023 Q3
8 Nov 23
New logo generation was very strong, including a new record of new logo ARR added that was significantly abov
(No comment added)
Transcript
2020 Q4
18 Feb 21