Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Advanced AI revenue reached $219 million this quarter, up 28.4% sequentially and 78% YoY; annualized revenue $876 million - New bookings hit $3.3 billion, second highest ever, with AI central to large deals - EBIT margin improved to 18.2%, up 131 bps sequentially, driven by AI services and operational gains - FY27 revenue growth guidance set at 2.5%-4%, EBIT margin guidance 17.5%-18.5% - Software ARR grew 7.8% YoY despite revenue decline due to license renewals timing - AI services margins 7%-10% higher than traditional services; IP/platform margins above 70% - Strategic partnerships expanded with OpenAI, Anthropic, NVIDIA, Google Cloud - Pipeline strong but environment fluid; cautious outlook maintained - Free cash flow impacted by one-offs; expected to normalize soon