00:00
Speaker A
So revenue rose 25%. It looks like accelerating organic net new ARR as well. What what do you see in the business, Jay?
00:10
Jay
AI is a big tailman for us. AI is not only driving need for AI security, it's driving need for securing everything for zero trust because agentic AI, these agents can create lots of issues. So we are seeing increased demand for our zero trust for users, zero trust branches, cloud workload, data security and the like. Uh very good momentum coming from all sides. That's why our performance in the quarter was amazing, top line, bottom line, record number of million dollar plus deals. And by the way, we crossed 50% of Fortune 500 companies as our customers, which is a great milestone for us.
01:05
Speaker A
Help us uh just think through the guidance a bit more, Jay. You know, analysts pointing out your initial 2027 outlook here, revenue growth roughly 17%. They note it was more like 25% in 2026. So I guess, Jay as an investor, I I'd be curious to know is Jay, is Jay just being conservative here or or no, Jay, do you do you see something in the in the business that's making you a bit more relatively cautious?
01:34
Jay
Look, I couldn't be more excited about the tailwinds I'm seeing in business. And AI is playing a big role in it. You've seen us continuously perform and deliver a very good results. And now all these things are coming together. The issue is not just about the issue of AI agents or sorry, these frontier models creating vulnerabilities. It's also securing models and applications. We bring a full AI solutions combined with zero trust architecture, which I believe will make us FY27 very strong. So I'm very bullish about the opportunity for FY27.