Management comments from Q4
“Our revenue performance was strong across the board and also benefits from stronger than expected Atlas consumption including a number of customers who consumed well in excess of their contractual run rates.”
Darth: Because if Some customers temporarily increased spend for Q4, Atlas still achieved all that seasonality increase plus another +$4M in this most recent quarter. If my theory is correct then this coming year will see a similr Atlas seasonal expansion due to busy holiday compute requirements and it would be larger than last year due to Atlas being larger.
Sounds like you’re probably right, Darth. Great find. I agree – doesn’t look like Atlas is a problem. The overall growth looks like it might slow, though. Forget the meaningless 92m guidance. Let’s say they hit 100m. Last year July Q revenue was 57.5m. Let’s say ~60m under 606. That would be 67% growth, way down from the last couple quarters, even with the acquisition contributing a little. I guess I feel like growth dropping that much would be a bit of a let down. Do others feel differently?
Bear