Thanks for posting RunnerGuy
I’m not sure if customer add should be looked at as a negative (?).
This quarter had 1620 customer adds. Their 4th consecutive qrt over 1600.
Fiscal 22 customer adds:
Q4 1638
Q3 1607
Q2 1660
Q1 1524
21’
Q1 1480
Q2 1186
Q3 969
Q4 830
Yes, customer adds have plateaued QoQ, but, at a very high number. At this scale, as long as they continue to land and expand with customer module adds, they can hopefully maintain high enough revenue growth along with the other positive fundamentals they are showing. I thought their Q2 guidance came in light, but we’ll have to see how much sand is in the bag in their next ER.
Best,
Brian