Financial Outlook for Fourth Quarter and Full Year Fiscal 2024 -

We are providing the following guidance for the fourth quarter of fiscal year 2024:

• Total revenues are expected to be between $210 million and $214 million
• Subscription revenue is expected to be between $111 million and $115 million
• Non-GAAP operating margin2 is expected to be between 20% to 21%

We are providing the following updated guidance for the full fiscal year 2024:

• Total revenues are expected to be between $826 million and $830 million
• Total ARR1 is expected to grow 15% year over year
• Subscription revenue is expected to be between $420 million and $424 million
• Subscription ARR1 is expected to grow 25% year over year
• Non-GAAP operating margin2 is expected to grow between 50 to 100 basis points year over year
• Free cash flow2 is expected to be approximately $170 million