Nikesh Arora

So I think they have it wrong.

I think the market is not paying attention to our numbers carefully.

We just completed our largest acquisition in CyberArk.

We had a great quarter.

Our numbers are across every known consensus metric.

The market is not understanding that our guidance for the next two quarters includes CyberArk.

If you take the consensus of CyberArk and ours, you're actually getting above the collective consensus, but the market hasn't understood the dilution of shares.

So I think they have it wrong.

Well, Caroline, nice to see you.

This is our 28th acquisition in about seven and a half years.

And we've demonstrated to the market that we have been able to establish our business in adjacent markets over the last seven years by paying attention to the market, looking at where the puck is going, understanding what is important for our customers.

And I think Chronosphere, which is our latest acquisition,

fits right bank smack in the middle of where the market's going.

If you look at what you guys were talking about before this, you're talking about Nvidia, AMD.

Eventually, all this compute power is going to result in people building faster and more and more relevant applications to the end consumer or enterprises.

All those applications have to be observed and make sure they don't

have problems or go down.

And that's what Chronosphere does.

It observes applications and infrastructure and makes sure you have 99.9% uptime.

And then we are going to combine that with our agentic capabilities to make sure agents will go fix that if they go down.